ValuEngine upgraded shares of China Information Technology, Inc. (NASDAQ:CNIT) from a sell rating to a hold rating in a research note released on Friday.

Shares of China Information Technology (NASDAQ:CNIT) opened at 0.888 on Friday. China Information Technology has a 52 week low of $0.57 and a 52 week high of $1.18. The company’s market capitalization is $35.73 million. The stock has a 50 day moving average price of $0.93 and a 200-day moving average price of $0.83.

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China Information Technology Company Profile

China Information Technology, Inc (CNIT), formerly China Information Security Technology, Inc, specializes in geographic information systems (GIS), digital public security and hospital information systems. CNIT manages its operations in the development areas of China including the South, the North, the East, the Central, the Southwest, the Northwest China, as well as the Northeast.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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