China Ceramics Co. Ltd. (CCCL): Look at its Technical Analysis

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China Ceramics Co. Ltd. (NASDAQ:CCCL) changes shares on Tuesday trading session, with a change of 5.96% or $0.05 shares. The trading starts at $0.792 and closed at $0.77 throughout the day. The trading session low price was $0.7439 and day high was $0.8492 on Tuesday, August 04. After the session, the Industrials sector daily volume shifted to 0.31 million while its average volume is 1.08M. In other hand, the CCCL market cap reached to $7.60M.

On April 30, 2018, BRIEF-China Ceramics Announces Second Half And Full Year Financial Results For Fiscal 2017. According to the news reported on Reuters, * CHINA CERAMICS ANNOUNCES SECOND HALF AND FULL YEAR FINANCIAL RESULTS FOR FISCAL 2017

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 16.78% and up 8.25% for month. Its quarterly performance was 13.89% above, while its half year performance is up 17.99%. CCCL yearly performance stood at negative 0.00% and rise 20.63% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CCCL EPS (TTM) for 12-month is -0.34. Its EPS Q/Q reached 240.10%. It has an EPS of 33.30% up for past five years.

Let’s take a look on the analyst recommendations on CCCL for the current month and previous month. For the current month, 1 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $56.00 – $56.00. Average target price for CCCL was reached at $56.00.

The insider ownership moved to 49.00% and institutional holding shifted to 1.20%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CCCL rise 21.21% for period of 200 days. SMA for 50 days was 9.46% which is showing green signal, while SMA-20 was 8.72%. The moving average value for China Ceramics Co. Ltd. (CCCL) is 0.6420 and 0.7614 for 200 and 50 days respectively.