(CCTG) CCSC Technology - Ratings and Ratios

CCSC Technology International Holdings Limited is a global supplier of interconnect products, catering to a diverse range of industries, including industrial, automotive, robotics, and medical equipment, among others. The companys product portfolio includes connectors, cables, and wire harnesses, designed and manufactured to meet the specific needs of its clients. As a subsidiary of CCSC Investment Limited, the company leverages its parent companys resources to drive growth and expansion.

With a presence in Asia, Europe, and the Americas, CCSC Technology International Holdings Limited has established itself as a reliable partner for manufacturing and electronic manufacturing companies. The companys expertise in original equipment manufacturer and original design manufacture interconnect products has enabled it to build a strong customer base across various sectors. Its product offerings are used in a range of applications, from computer and network equipment to consumer products.

Analyzing the companys , we observe that the stock is currently trading below its short-term and long-term moving averages, indicating a bearish trend. The Average True Range (ATR) of 0.09, representing 7.41% of the last price, suggests moderate volatility. Given the current price of 1.23, the stock is closer to its 52-week low of 1.18 than its high of 2.68. This could indicate a potential support level around 1.18.

From a fundamental perspective, CCSC Technology International Holdings Limiteds reveals a market capitalization of 13.90M USD, with a negative Return on Equity (RoE) of -48.07%. The absence of a P/E ratio and forward P/E ratio suggests that the company is not profitable or has highly variable earnings. This could be a concern for investors, as it may indicate a lack of stability in the companys financial performance.

Forecasting the stocks performance based on the available and , we can expect the stock to face challenges in the near term due to its bearish trend and negative RoE. However, if the company can stabilize its financial performance and improve its profitability, the stock may experience a rebound. A potential support level around 1.18 could provide a buying opportunity, but investors should exercise caution and closely monitor the companys progress. A break above the SMA20 at 1.26 could be a positive indicator, but sustained growth would require a more significant turnaround in the companys financials.