China Commercial Credit, Inc. (CCCR) VP Yang Jie Buys 452,486 Shares
China Commercial Credit, Inc. (NASDAQ:CCCR) VP Yang Jie bought 452,486 shares of the stock in a transaction dated Friday, September 29th. The shares were acquired at an average price of $1.81 per share, with a total value of $818,999.66. Following the completion of the purchase, the vice president now directly owns 4,134,286 shares of the company’s stock, valued at $7,483,057.66. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Yang Jie also recently made the following trade(s):
- On Wednesday, September 6th, Yang Jie bought 849,900 shares of China Commercial Credit stock. The shares were acquired at an average cost of $0.09 per share, for a total transaction of $76,491.00.
Shares of China Commercial Credit, Inc. (NASDAQ:CCCR) opened at 2.78 on Tuesday. China Commercial Credit, Inc. has a 12-month low of $0.89 and a 12-month high of $3.42. The stock’s market capitalization is $50.09 million. The firm’s 50-day moving average price is $2.68 and its 200 day moving average price is $2.41.
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Separately, ValuEngine downgraded China Commercial Credit from a “buy” rating to a “hold” rating in a report on Tuesday, August 29th.
An institutional investor recently bought a new position in China Commercial Credit stock. Virtu KCG Holdings LLC bought a new stake in China Commercial Credit, Inc. (NASDAQ:CCCR) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 128,617 shares of the credit services provider’s stock, valued at approximately $412,000. Virtu KCG Holdings LLC owned about 0.74% of China Commercial Credit as of its most recent SEC filing. 0.80% of the stock is currently owned by institutional investors.
China Commercial Credit Company Profile
China Commercial Credit, Inc is engaged in offering financial services in China. The Company’s operations consist of providing direct loans, loan guarantees and financial leasing services to small-to-medium sized businesses (SMEs), farmers and individuals in the city of Wujiang, Jiangsu Province. Its loan and loan guarantee business is conducted through Wujiang Luxiang Rural Microcredit Co, Ltd.
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