Creative Global Technology (NASDAQ:CGTL) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Creative Global Technology (NASDAQ:CGTLFree Report) from a sell rating to a hold rating in a report released on Saturday.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Creative Global Technology in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

View Our Latest Report on Creative Global Technology

Creative Global Technology Trading Down 4.5%

NASDAQ CGTL opened at $1.05 on Friday. The company’s 50 day simple moving average is $2.54 and its two-hundred day simple moving average is $1.48. Creative Global Technology has a 1 year low of $0.41 and a 1 year high of $6.52.

Creative Global Technology (NASDAQ:CGTLGet Free Report) last released its quarterly earnings results on Friday, January 30th. The company reported $0.07 EPS for the quarter. The firm had revenue of $4.45 million for the quarter.

Hedge Funds Weigh In On Creative Global Technology

An institutional investor recently bought a new position in Creative Global Technology stock. XTX Topco Ltd acquired a new stake in shares of Creative Global Technology Holdings Limited (NASDAQ:CGTLFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 44,056 shares of the company’s stock, valued at approximately $52,000. XTX Topco Ltd owned approximately 0.26% of Creative Global Technology as of its most recent filing with the SEC.

Creative Global Technology Company Profile

(Get Free Report)

Creative Global Technology Holdings Inc (NASDAQ: CGTL) is a China-based provider of advanced electronics manufacturing services specializing in the design and production of semiconductor packaging substrates, printed circuit boards (PCBs) and related back-end assembly solutions. The company’s core capabilities encompass high-density interconnect substrates, leadframe and leadless chip carriers, and system-in-package modules, enabling customers to address the miniaturization and performance demands of modern electronic devices.

CGTL serves a broad spectrum of end markets, including smartphones, tablets, computing devices, automotive electronics, and industrial applications.

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