CCH (NASDAQ:CCHH) Shares Up 0.7% – Here’s What Happened

Shares of CCH Holdings Ltd (NASDAQ:CCHH) rose 0.7% during trading on Tuesday . The stock traded as high as $1.49 and last traded at $1.38. Approximately 278,867 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 409,900 shares. The stock had previously closed at $1.37.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of CCH from a “sell (e)” rating to a “sell (d-)” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

CCH Trading Up 0.7%

The stock’s fifty day simple moving average is $2.71 and its two-hundred day simple moving average is $4.71. The company has a quick ratio of 2.04, a current ratio of 2.11 and a debt-to-equity ratio of 0.22.

CCH (NASDAQ:CCHH) last posted its earnings results on Saturday, May 16th. The company reported ($0.69) earnings per share for the quarter. The company had revenue of $2.46 million for the quarter.

About CCH

We are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, we have become a top player in the specialty hotpot market in Malaysia. Our principal executive offices are located in Pulau Pinang, Malaysia.