CCSC Technology International (NASDAQ:CCTG) Shares Down 6% – Should You Sell?

CCSC Technology International Holdings Limited (NASDAQ:CCTG) shares traded down 6% during trading on Thursday . The company traded as low as $0.90 and last traded at $0.9398. Approximately 228,216 shares traded hands during trading, a decline of 97% from the average session volume of 8,509,967 shares. The stock had previously closed at $0.9995.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CCSC Technology International in a research note on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, CCSC Technology International presently has an average rating of “Sell”.

CCSC Technology International Stock Down 6.0%

The firm’s 50 day moving average price is $0.73 and its two-hundred day moving average price is $0.76.

About CCSC Technology International

CCSC Technology International Holdings Limited, through its subsidiaries, manufactures and sells interconnect products in Asia, Europe, and the Americas. It offers original equipment manufacturer and original design manufacture interconnect products, including connectors, cables, and wire harnesses used for a range of applications in various industries, such as industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products. The company was founded in 1993 and is headquartered in Sha Tin, Hong Kong.