Kok Goh Purchases 5,220,000 Shares of CCH (NASDAQ:CCHH) Stock

CCH Holdings Ltd (NASDAQ:CCHH) CEO Kok Goh purchased 5,220,000 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was bought at an average price of $0.28 per share, with a total value of $1,461,600.00. Following the completion of the acquisition, the chief executive officer owned 5,220,000 shares in the company, valued at $1,461,600. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

CCH Price Performance

NASDAQ:CCHH opened at $1.34 on Friday. The business’s 50-day moving average is $2.59 and its two-hundred day moving average is $4.66. CCH Holdings Ltd has a 12 month low of $1.15 and a 12 month high of $153.90. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.11 and a quick ratio of 2.04.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of CCH from a “sell (e)” rating to a “sell (d-)” rating in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average 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.