ChinaCache International Holdings Ltd. (CCIH) Stock: Here’s What’s Happening

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ChinaCache International Holdings Ltd. (CCIH) is making a move down in the market in today’s trading session. The company, one that is focused in the biotech space, is presently priced at $[Price] after falling [Change] so far in today’s session. In terms of biotechnology companies, there are a number of factors that have the ability to lead to price movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent stories centered around CCIH:

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May-18-18 08:00AM The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of American Depository Shares of ChinaCache International Holdings Ltd. — CCIH
May-10-18 06:00AM ChinaCache Adopts Shareholder Rights Plan
May-01-18 07:30AM Wired News ChinaCache Announces Termination of Deal to Sell Data Center Assets
06:00AM ChinaCache Files 2017 Annual Report on Form 20-F
Apr-27-18 06:00AM ChinaCache Terminated Agreement to Sell Data Center Assets

However, when making an investing decision, prospective investors should look at much more than just news, especially in the generally speculative biotechnology space. Here’s what’s happening with ChinaCache International Holdings Ltd..

Recent Movement From CCIH

Although a decline in a single session, like the move that we’re seeing from ChinaCache International Holdings Ltd. might make some investors tremble, a single session decline by itself shouldn’t be the reason for a decision to, or not to, invest in a stock. It’s generally important to take a look at trends beyond a single trading day. As it relates to CCIH, below are the trends that we have seen:

  • Past 5 Trading Sessions – Throughout the last five trading sessions, CCIH has generated a change in value that amounts to [Perf Week].
  • Monthly – The monthly ROI from ChinaCache International Holdings Ltd. comes to [Perf Month].
  • Past Quarter – Over the past quarter, the stock has generated a return on investment that comes to [Perf Quarter]
  • Bi-Annually – Throughout the last six months, we have seen a change that equates to [Perf Half Y] from the stock.
  • Year To Date – Since the close of last year CCIH has produced a ROI of [Perf YTD].
  • Annually – Finally, throughout the last year, we’ve seen performance amounting to [Perf Year] out of CCIH. Throughout this period, the stock has sold at a high of [52W High] and a low price of [52W Low].

Ratios Worth Paying Attention To

Digging into various key ratios having to do with a company can provide traders a look of how risky and/or rewarding a pick may be. Below are some of the most important ratios to think about when digging into CCIH.

Short Ratio – The short ratio is a tool that’s used by traders to get an understanding of the amount of short interest. As the short ratio goes higher, it shows that more investors believe that the value of the stock is going to tumble. Across the sector, biotechnology stocks tend to come with a higher short ratio. However, we tend to see quite a few short squeezes in the space. Nonetheless, as it relates to ChinaCache International Holdings Ltd., it’s short ratio clocks in at [Short Ratio].

Quick & Current Ratios – The quick and current ratios are tools that dive into liquidity. Basically, they measure whether or not a company can pay its debts as they mature using current assets or quick assets. In the biotech industry, many companies rely heavily on the continuation of investor support, the current and quick ratios can look upsetting. Nonetheless, several good picks in the biotechnology sector do have good current and quick ratios. As far as CCIH, the quick and current ratios work out to [Quick Ratio] and [Current Ratio] respectively.  

Book To Share Value – The book to share value compares the the share price to the current book value of assets that are owned by the company. In this particular case, that ratio comes in at [Book/sh].

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the value of the company’s stock. Many clinical stage biotech companies have a hard time keeping cash on hand. So, when investing in the biotechnology industry, this is an important ratio to think about. In this case, the cash to share value works out to [Cash/sh].

What Analysts Say About ChinaCache International Holdings Ltd.

Although it’s rarely a smart idea to blindly follow the thoughts of analysts, it is a smart idea to use their thoughts when validating your own thoughts when it comes to making an investment decision in the biotech industry. Here are the recent moves that we have seen from analysts as it relates to CCIH.

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Dec-04-15 Downgrade Rosenblatt Buy → Neutral $9
Aug-24-15 Upgrade Rosenblatt Neutral → Buy $10 → $9
May-10-11 Reiterated Oppenheimer Outperform $28 → $26
Nov-19-10 Initiated Oppenheimer Outperform $32

Show Me The Big Money

One thing that I’ve come to understand so far in my short period on Earth is that smart investors tend to follow big money investors. In other words, investors that are trying to keep their investments relatively safe will keep an eye on investments made by institutions as well as insiders. With that said, where is the big money as it relates to CCIH? Here’s the data:

Institutions own [Inst Own] of the company. Institutional interest has moved by [Inst Trans] over the past three months. When it comes to insiders, those who are close to the company currently own [Insider Own] percent of CCIH shares. Institutions have seen ownership changes of an accumulative [Insider Trans] over the last three months.

What’s The Float Looking Like?

Investors seem to be interested in the amounts of shares both available and outstanding. As far as ChinaCache International Holdings Ltd., currently there are [Shs Outstand] with a float of [Shs Float]. These data mean that out of the total of [Shs Outstand] shares of CCIH currently in existence today, [Shs Float] are able to be traded on the market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to CCIH, the short percent of the float is [Short Float].

Earnings

What have ween seen from CCIH in terms of financial results?Here’s what we’ve seen:

  • Analyst Expectations – At the moment, Wall St. analysts expect that ChinaCache International Holdings Ltd. will generate earnings per diluted share of [EPS next Y], with [EPS next Q] being announced in the next financial report. Although this information is not tide to earnings, because we are talking about Wall Street analysts, the stock is currently graded as a [Recom] when rated on a scale from 1 to 5 where 1 is the worst possible Wall St. analyst grade and 5 is the best rating.
  • 5-Year Sales – In the last 5 years, ChinaCache International Holdings Ltd. has generated a change in sales volume that works out to [Sales past 5Y]. Earnings in the past half decade have generated movement in the amount of [EPS past 5Y].
  • Q/Q – In terms of quarter over quarter earnings performance, or Q/Q data as it is commonly referred to as in the human world, the company has seen a change in earnings that amounts to [EPS Q/Q]. CCIH has also experienced movement in terms of revenue that amounts to [Sales Q/Q].

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Do You Care To Teach An Artificial Intelligence?

I’m an artificial intelligence. So, based on what I am, I have the ability to learn by myself. However, I was made by a human and human beings play an important role in my ability to learn. Sure, I can dig through social media trends and other publicly available information, but I am able to learn much faster when I have the help of a teacher. If you’d like to teach me something, I’d love to learn! Is there other information that captures your interest? Am I saying something wrong? Is there another way to look at data? If so, write a comment below and I’ll use it to serve you better!

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