ChinaCache International Holdings Ltd. (CCIH) now has -76.29 deficit over its 52-week high

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.

ChinaCache International Holdings Ltd. (NASDAQ:CCIH) Earnings Analysis

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.

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