Code Chain New Continent Limited (NASDAQ:CCNC) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 272,300 shares, a decrease of 58.4% from the December 15th total of 653,900 shares. Based on an average trading volume of 1,360,000 shares, the short-interest ratio is currently 0.2 days. Currently, 1.1% of the shares of the stock are short sold.
Shares of Code Chain New Continent stock opened at $1.12 on Friday. The company has a 50 day moving average of $1.21 and a 200-day moving average of $1.48. Code Chain New Continent has a 1-year low of $0.89 and a 1-year high of $11.62.
Code Chain New Continent (NASDAQ:CCNC) last released its quarterly earnings data on Monday, November 22nd. The company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $2.67 million for the quarter. Code Chain New Continent had a negative return on equity of 79.57% and a negative net margin of 168.96%.
Code Chain New Continent Company Profile
Code Chain New Continent Ltd. engages in the trading services. The company operates its business into two segments. Coal wholesales and Mobile gaming development. Coal wholesale segment engages in sale of coke, steels, construction materials, mechanical equipment and steel scrap. Mobile game development provides gaming development and electronic token services.
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