Shares of Code Chain New Continent Limited (NASDAQ:CCNC – Get Free Report) fell 17.7% during trading on Wednesday . The stock traded as low as $1.91 and last traded at $2.05. 1,276,704 shares were traded during mid-day trading, an increase of 6,771% from the average session volume of 18,580 shares. The stock had previously closed at $2.49.
Code Chain New Continent Stock Performance
The company has a market cap of $4.15 million, a P/E ratio of -0.47 and a beta of 1.04. The business’s fifty day moving average is $0.93 and its two-hundred day moving average is $2.80.
About Code Chain New Continent
Code Chain New Continent Limited, through its subsidiaries, focuses on research, development, and application of Internet of Things (IoT) and electronic token digital door signs. It creates digital door signs which is the digitalization of a physical store by means of animation and other technical services; and offers electronic tokens, that are used for purchasing virtual real estate properties. The company also offers Wuge Manor, a game that combines Internet of Things and e-commerce based on code chain platform that provides players with access to vendors and business owners in approximately 100 cities in China.
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