Creative Global Technology (NASDAQ:CGTL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Creative Global Technology (NASDAQ:CGTL) from a sell rating to a hold rating in a research note issued to investors on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Creative Global Technology in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Creative Global Technology Stock Down 1.9%

Shares of NASDAQ:CGTL opened at $1.03 on Friday. Creative Global Technology has a 1 year low of $0.41 and a 1 year high of $6.52. The stock’s fifty day moving average price is $2.46 and its 200-day moving average price is $1.48.

Creative Global Technology (NASDAQ:CGTL) last released its quarterly earnings data on Friday, January 30th. The company reported $0.07 EPS for the quarter. The business had revenue of $4.45 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Creative Global Technology stock. XTX Topco Ltd bought a new position in Creative Global Technology Holdings Limited (NASDAQ:CGTL) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 44,056 shares of the company’s stock, valued at approximately $52,000. XTX Topco Ltd owned about 0.26% of Creative Global Technology as of its most recent filing with the Securities and Exchange Commission (SEC).

About Creative Global Technology

Creative Global Technology Holdings Inc (NASDAQ: CGTL) is a China-based provider of advanced electronics manufacturing services specializing in the design and production of semiconductor packaging substrates, printed circuit boards (PCBs) and related back-end assembly solutions. The company’s core capabilities encompass high-density interconnect substrates, leadframe and leadless chip carriers, and system-in-package modules, enabling customers to address the miniaturization and performance demands of modern electronic devices.

CGTL serves a broad spectrum of end markets, including smartphones, tablets, computing devices, automotive electronics, and industrial applications.