CCA Industries (OTCMKTS:CAWW) Trading Up 11.4% – Still a Buy?

CCA Industries, Inc. (OTCMKTS:CAWW)’s stock price rose 11.4% on Wednesday . The company traded as high as $0.5050 and last traded at $0.5014. Approximately 17,000 shares changed hands during mid-day trading, an increase of 517% from the average daily volume of 2,756 shares. The stock had previously closed at $0.45.

CCA Industries Stock Performance

The firm has a market capitalization of $3.30 million, a P/E ratio of 50.19 and a beta of 0.66. The business’s fifty day moving average price is $0.51 and its two-hundred day moving average price is $0.56.

CCA Industries (OTCMKTS:CAWW) last released its earnings results on Tuesday, April 14th. The company reported ($0.04) EPS for the quarter. The company had revenue of $1.51 million during the quarter. CCA Industries had a negative return on equity of 34.65% and a net margin of 1.89%.

About CCA Industries

CCA Industries, Inc (OTCMKTS: CAWW) is a U.S.-based company specializing in the design, sourcing and distribution of aftermarket performance parts and accessories for motorcycles, all-terrain vehicles (ATVs), utility terrain vehicles (UTVs) and other powersports equipment. The company focuses on proprietary-brand products and selectively licensed product lines, offering a range of performance upgrades, replacement components and styling accessories to enthusiasts and independent retailers throughout North America.

The company’s product portfolio spans engine components, exhaust systems, suspension parts, braking upgrades, electrical accessories and performance-enhancing electronics.