Press coverage about China Commercial Credit (NASDAQ:CCCR) has trended somewhat positive on Saturday, Alpha One Sentiment reports. Alpha One, a subsidiary of Accern, identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. China Commercial Credit earned a media sentiment score of 0.21 on Alpha One’s scale. Alpha One also assigned press coverage about the credit services provider an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
China Commercial Credit (NASDAQ:CCCR) traded up 11.42% during trading on Friday, hitting $2.83. 3,172,868 shares of the company were exchanged. China Commercial Credit has a 1-year low of $0.35 and a 1-year high of $3.20. The stock’s market capitalization is $49.02 million. The firm’s 50 day moving average price is $1.85 and its 200-day moving average price is $1.38.
In related news, CFO Long Yi sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of $2.40, for a total value of $72,000.00. Following the sale, the chief financial officer now owns 477,875 shares in the company, valued at $1,146,900. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.49% of the stock is owned by corporate insiders.
China Commercial Credit Company Profile
China Commercial Credit, Inc is engaged in offering financial services in China. The Company’s operations consist of providing direct loans, loan guarantees and financial leasing services to small-to-medium sized businesses (SMEs), farmers and individuals in the city of Wujiang, Jiangsu Province. Its loan and loan guarantee business is conducted through Wujiang Luxiang Rural Microcredit Co, Ltd.
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