CCH (NASDAQ:CCHH) CEO Purchases $1,461,600.00 in Stock

CCH Holdings Ltd (NASDAQ:CCHH) CEO Kok Goh purchased 5,220,000 shares of CCH stock in a transaction that occurred on Friday, July 24th. The stock was acquired at an average cost of $0.28 per share, with a total value of $1,461,600.00. Following the acquisition, the chief executive officer directly owned 5,220,000 shares in the company, valued at $1,461,600. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

CCH Stock Performance

Shares of CCHH stock opened at $1.30 on Friday. The company has a current ratio of 2.11, a quick ratio of 2.04 and a debt-to-equity ratio of 0.22. CCH Holdings Ltd has a 12-month low of $1.15 and a 12-month high of $153.90. The business’s 50 day moving average is $2.52 and its two-hundred day moving average is $4.64.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded CCH from a “sell (e)” rating to a “sell (d-)” rating in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, CCH presently has a consensus rating of “Sell”.

CCH Company Profile

We are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, we have become a top player in the specialty hotpot market in Malaysia. Our principal executive offices are located in Pulau Pinang, Malaysia.