Kok Goh Buys 5,220,000 Shares of CCH (NASDAQ:CCHH) 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 shares were bought at an average cost of $0.28 per share, for a total transaction of $1,461,600.00. Following the completion of the transaction, the chief executive officer directly owned 5,220,000 shares in the company, valued at $1,461,600. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.

CCH Stock Performance

Shares of CCH stock opened at $1.38 on Wednesday. The business has a fifty day simple moving average of $2.71 and a 200-day simple moving average of $4.71. CCH Holdings Ltd has a fifty-two week low of $1.15 and a fifty-two week high of $153.90. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.04 and a current ratio of 2.11.

Analyst Ratings Changes

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