CCA Industries (OTCMKTS:CAWW) Trading Up 2.5% – Here’s What Happened

CCA Industries, Inc. (OTCMKTS:CAWW)’s share price shot up 2.5% during mid-day trading on Wednesday . The stock traded as high as $0.5125 and last traded at $0.5125. 1,150 shares traded hands during trading, an increase of 100% from the average session volume of 574 shares. The stock had previously closed at $0.50.

CCA Industries Stock Up 2.5%

The company has a market capitalization of $3.38 million, a price-to-earnings ratio of -4.66 and a beta of 0.73. The business’s 50-day moving average is $0.51 and its 200-day moving average is $0.57.

CCA Industries (OTCMKTS:CAWW) last announced its quarterly earnings results on Monday, March 2nd. The company reported ($0.12) earnings per share for the quarter. The company had revenue of $1.25 million for the quarter. CCA Industries had a negative return on equity of 24.09% and a negative net margin of 12.93%.

About CCA Industries

CCA Industries, Inc (OTCMKTS: CAWW) is a U.S.-based company specializing in the design, sourcing and distribution of aftermarket performance parts and accessories for motorcycles, all-terrain vehicles (ATVs), utility terrain vehicles (UTVs) and other powersports equipment. The company focuses on proprietary-brand products and selectively licensed product lines, offering a range of performance upgrades, replacement components and styling accessories to enthusiasts and independent retailers throughout North America.

The company’s product portfolio spans engine components, exhaust systems, suspension parts, braking upgrades, electrical accessories and performance-enhancing electronics.