ChinaCache International Holdings Ltd. (NASDAQ:CCIH) reached 40.26% versus a 1-year low price of $0.72. The stock was last seen 19.51% higher, reaching at $1.01 on Oct. 6, 2017. At recent session, the prices were hovering between $0.85 and $1.15. This company shares are 890.1% off its target price of $10 and the current market capitalization stands at $27.37M. The recent change has given its price a 24.15% lead over SMA 50 and -76.29% deficit over its 52-week high. The stock witnessed 26.24% gains, 4.11% gains and -32.22% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CCIH’s volatility during a week at 10.13% and during a month it has been found around 7.12%.ChinaCache International Holdings Ltd. (CCIH) Top Holders
Institutional investors currently hold around $9 million or 54.8% in CCIH stock. Look at its top three institutional owners. Investor Ab owns $2.8 million in ChinaCache International Holdings Ltd., which represents roughly 10.24% of the company’s market cap and approximately 31.14% of the institutional ownership. Similar statistics are true for the second largest owner, Fil Ltd, which owns 2,518,763 shares of the stock are valued at $2.54 million. The third largest holder is Wellington Management Group Llp, which currently holds $1.96 million worth of this stock and that ownership represents nearly 7.15% of its market capitalization.ChinaCache International Holdings Ltd. 13F Filings
At the end of 06/30/2017 reporting period, 5 institutional holders increased their position in ChinaCache International Holdings Ltd. (NASDAQ:CCIH) by some 348,324 shares, 12 decreased positions by 426,108 and 7 held positions by 8,516,297. That puts total institutional holdings at 9,290,729 shares, according to SEC filings. The stock grabbed 2 new institutional investments totaling 68,117 shares while 6 institutional investors sold out their entire positions totaling 85,436 shares.
As the past trend shows, ChinaCache International Holdings Ltd.’s stock price has plunged after earnings in 14 of the last 25 quarters. It is predicted to add 9% on day 1 and jump 12% on day 7 after the company reports upcoming earnings.Lookout For ChinaCache International Holdings Ltd. (CCIH) Earnings Beat
03/27/2017: ChinaCache International Holdings Ltd. (NASDAQ:CCIH) reported Q2 earnings loss of -$0.55, missing consensus estimates of -$0.38.
11/29/2016: ChinaCache International Holdings Ltd. (CCIH) reported Q1 earnings loss of -$0.13, missing consensus estimates of -$0.09.
08/18/2016: ChinaCache International Holdings Ltd. reported Q4 earnings loss of -$0.13, missing consensus estimates of -$0.05.
05/23/2016: CCIH reported Q3 earnings of $0.02, missing consensus estimates of $0.09.