How Analysts Feel About China Customer Relations Centers, Inc. (CCRC) After Achieving 52-Week High?

June 23, 2018 - By Louis Casey

The stock of China Customer Relations Centers, Inc. (NASDAQ:CCRC) hit a new 52-week high and has $26.81 target or 9.00 % above today’s $24.60 share price. The 5 months bullish chart indicates low risk for the $450.91M company. The 1-year high was reported on Jun, 23 by Barchart.com. If the $26.81 price target is reached, the company will be worth $40.58 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 12.69% or $2.77 during the last trading session, reaching $24.6. About 430,981 shares traded or 34.66% up from the average. China Customer Relations Centers, Inc. (NASDAQ:CCRC) has declined 0.13% since June 23, 2017 and is downtrending. It has underperformed by 12.70% the S&P500.

Another recent and important China Customer Relations Centers, Inc. (NASDAQ:CCRC) news was published by Benzinga.com which published an article titled: “58 Biggest Movers From Yesterday” on June 01, 2018.

China Customer Relations Centers, Inc. provides call center business process outsourcing services for telecommunications companies in the PeopleÂ’s Republic of China. The company has market cap of $450.91 million. It offers voice customer care services, including customer relationship management, technical support, sales, customer retention, marketing surveys, and research services. It has a 51.36 P/E ratio.

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