Stock Price
P/E Ratio
Volume Traded Today
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52 Week High/low
CCSC Technology International Holdings Limited Market Cap
From what 0 stock analysts predict, the share price for CCSC Technology International Holdings Limited (CCTG) might decrease by 100% in the next year. This is based on a 12-month average estimation for CCTG. Price targets go from $ to $. The majority of stock analysts believe CCTG is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned CCTG 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect CCSC Technology International Holdings Limited to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CCTG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CCTG.
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When did it IPO
N/A
Staff Count
273
Country
Hong Kong
Sector/Industry
Industrials/Electrical Equipment & Parts
CEO
Mr. Kung Lok Chiu
Market Cap
$16.9M
In 2023, CCTG generated $24.1M in revenue, which was a decrease of -11.45% from the previous year. This can be seen as a signal that CCTG's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 22 Jul 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - CCSC Technology International Holdings Limited (Nasdaq: CCTG) reported its fiscal year 2024 results, highlighting resilience amid challenges, according to CEO Kung Lok Chiu.
Why It Matters - CCSC's financial results indicate resilience in a challenging market, which may boost investor confidence and influence stock performance due to perceived stability and adaptability.
Thu, 13 Jun 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - CCSC Technology International Holdings (Nasdaq: CCTG) announced a partnership with Innogetic to explore AI applications in manufacturing, enhancing their technological and manufacturing capabilities.
Why It Matters - CCSC's partnership with Innogetic to integrate AI in manufacturing could enhance operational efficiency, reduce costs, and drive innovation, potentially increasing profitability and market competitiveness.
Thu, 16 May 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - CCSC Technology International Holdings plans to build a 50,000-square-meter supply chain management center in Merosina, Serbia, starting August 2024, to be completed by 2025.
Why It Matters - CCSC's new supply chain center in Serbia enhances its operational capacity in Europe, potentially improving efficiency and revenue, which may positively impact its stock performance.
Fri, 23 Feb 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - CCSC Technology International Holdings reported a revenue and gross profit decline for the first half of FY 2024 due to macroeconomic challenges, though gross margin remained stable.
Why It Matters - CCSC's revenue and gross profit decline signals potential challenges ahead, but stable gross margins indicate effective cost management, impacting future profitability and investor sentiment.
Thu, 08 Feb 2024
Sentiment - POSITIVE
Source - InvestorPlace
Summary - CCSC Technology (NASDAQ: CCTG) stock is experiencing a rise on Thursday, but there are no clear news updates or SEC filings to explain the increase.
Why It Matters - Unexplained stock price increases may indicate market speculation or insider information, prompting investors to reassess potential volatility and future performance of CCSC Technology.
Thu, 08 Feb 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - CCSC Technology International Holdings (Nasdaq: CCTG) completed its IPO, raising $6.325 million by selling 1,581,250 shares at $4.00 each, including an over-allotment of 206,250 shares.
Why It Matters - The full exercise of the over-allotment option indicates strong demand for CCSC's shares, potentially boosting investor confidence and signaling positive market sentiment for the company.
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