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

Wall Street Zen upgraded shares of Creative Global Technology (NASDAQ:CGTL) to a sell rating in a report released on Saturday.

Separately, Weiss Ratings cut shares of Creative Global Technology from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, June 16th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Creative Global Technology Price Performance

CGTL stock opened at $4.47 on Friday. Creative Global Technology has a one year low of $2.27 and a one year high of $96.00. The firm has a 50-day simple moving average of $6.39 and a two-hundred day simple moving average of $22.21.

Hedge Funds Weigh In On Creative Global Technology

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

Creative Global Technology Company Profile

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.