ChinaCache International Holdings Ltd. (CCIH) Shares Up 3.8%
ChinaCache International Holdings Ltd. (NASDAQ:CCIH) shares shot up 3.8% during trading on Wednesday . The company traded as high as $6.58 and last traded at $6.54, with a volume of 330,521 shares traded. The stock had previously closed at $6.30.
The company’s market cap is $160.61 million. The company has a 50-day moving average price of $7.01 and a 200 day moving average price of $7.74.
ChinaCache International Holdings (NASDAQ:CCIH) last announced its quarterly earnings data on Wednesday, May 18th. The company reported ($0.54) EPS for the quarter. On average, equities analysts expect that ChinaCache International Holdings Ltd. will post ($0.52) EPS for the current year.
An institutional investor recently bought a new position in ChinaCache International Holdings stock. Oxford Asset Management acquired a new position in shares of ChinaCache International Holdings Ltd. (NASDAQ:CCIH) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 181,405 shares of the company’s stock, valued at approximately $1,505,000. Oxford Asset Management owned about 0.69% of ChinaCache International Holdings at the end of the most recent quarter.
ChinaCache International Holdings Ltd. (ChinaCache) is a holding Company. The Company provides a portfolio of services and solutions to businesses, government agencies and other enterprises to enhance the reliability and scalability of their online services and applications. The Company’s nationwide service platform, which consists of its network, servers and intelligent software, is designed to handle planned and unplanned peaks without upfront and ongoing capital outlay and other investments on the part of its customers.
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