ChinaCache International Holdings Ltd. (CCIH) Shares are Down -23.76%

ChinaCache International Holdings Ltd. (CCIH) : During the past 4 weeks, traders have been relatively bearish on ChinaCache International Holdings Ltd. (CCIH), hence the stock is down -28.05% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -23.89% relative to the S&P 500. The 4-week change in the price of the stock is -28.44% and the stock has fallen -23.76% in the past 1 week.

The stock has recorded a 20-day Moving Average of 25.48% and the 50-Day Moving Average is 31.25%.The 200 Day SMA reached 46.23%


ChinaCache International Holdings Ltd. (NASDAQ:CCIH): The stock opened in the green at $4.01 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $4.03 and a low of $3.578 for the day. The stock did not find buyers even at the lows and closed at $3.85 recording a loss of -5.41%. 570,812 shares exchanged hands during the trading day. The stock had closed at $3.85 in the previous days trading.

ChinaCache International Holdings Ltd. (ChinaCache) is a holding Company. The Company provides a portfolio of services and solutions to businesses, government agencies and other enterprises to enhance the reliability and scalability of their online services and applications. The Companys nationwide service platform, which consists of its network, servers and intelligent software, is designed to handle planned and unplanned peaks without upfront and ongoing capital outlay and other investments on the part of its customers. The Company provides the following services that are offered on a standalone basis or combined as part of its integrated solutions: Web page content services, file transfer services, rich media streaming services, guaranteed application services, managed Internet data services, ChinaCache cloud services, content bridging services, mobile Internet solutions, value-added services and customer-tailored integrated solutions.

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