CCSC Technology International (NASDAQ:CCTG) Trading 11.5% Higher – Time to Buy?

CCSC Technology International Holdings Limited (NASDAQ:CCTG)’s share price traded up 11.5% on Tuesday . The company traded as high as $2.12 and last traded at $2.04. 1,701,396 shares were traded during mid-day trading, an increase of 1,330% from the average session volume of 118,957 shares. The stock had previously closed at $1.83.

CCSC Technology International Price Performance

The business’s 50-day simple moving average is $1.68 and its two-hundred day simple moving average is $1.69.

Institutional Trading of CCSC Technology International

An institutional investor recently bought a new position in CCSC Technology International stock. Citadel Advisors LLC bought a new stake in CCSC Technology International Holdings Limited (NASDAQ:CCTG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 27,976 shares of the company’s stock, valued at approximately $43,000. Citadel Advisors LLC owned approximately 0.24% of CCSC Technology International at the end of the most recent reporting period.

CCSC Technology International Company Profile

CCSC Technology International Holdings Limited, through its subsidiaries, manufactures and sells interconnect products in Asia, Europe, and the Americas. It offers original equipment manufacturer and original design manufacture interconnect products, including connectors, cables, and wire harnesses used for a range of applications in various industries, such as industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products.