Key Points
- CEO Kok Goh sold 4,872,500 CCH Holdings shares at an average price of $0.28, generating $1.36 million. The transaction reduced his ownership by 93.34%, leaving him with 347,500 shares.
- CCH Holdings shares opened at $1.42, with a 12-month trading range of $1.15 to $153.90. The stock’s 50-day and 200-day moving averages were $2.67 and $4.68, respectively.
- Analyst sentiment remains negative: Weiss Ratings upgraded the stock from “sell (e)” to “sell (d-),” while MarketBeat reported an average rating of “Sell.”
CCH Holdings Ltd (NASDAQ:CCHH - Get Free Report) CEO Kok Goh sold 4,872,500 shares of the company's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $0.28, for a total transaction of $1,364,300.00. Following the transaction, the chief executive officer owned 347,500 shares of the company's stock, valued at $97,300. This trade represents a 93.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
CCH Stock Performance
NASDAQ CCHH opened at $1.42 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.11 and a quick ratio of 2.04. CCH Holdings Ltd has a twelve month low of $1.15 and a twelve month high of $153.90. The business's fifty day moving average is $2.67 and its 200 day moving average is $4.68.
Analysts Set New Price Targets
Separately, Weiss Ratings upgraded CCH from a "sell (e)" rating to a "sell (d-)" rating in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of "Sell".
Get Our Latest Analysis on CCH
CCH Company Profile
(
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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.
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