CCSC Technology International Holdings Limited (NASDAQ:CCTG) experienced a 3.2% increase in share value on Thursday. The stock reached a high of $2.30 and closed at $2.25 after approximately 12,105 shares were traded, which was significantly lower than the average daily volume. Prior to this increase in value, the stock had closed at $2.18.
CCSC Technology International is a global manufacturer and seller of interconnect products that are used in various industries such as industrial, automotive, robotics, medical equipment, and more. The company’s products include connectors, cables, and wire harnesses that cater to a wide range of applications in various sectors including consumer products, telecommunications, and network technology. With a 50-day moving average price of $2.32, CCSC Technology International is well-positioned to continue its growth trajectory as it seeks to expand its market presence and meet the evolving needs of its customers.
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