Stock of the Day: What’s Next for ChinaCache Internatnl Hldgs Ltd (ADR) After Today’s Big Increase?

Stock of the Day: What's Next for ChinaCache Internatnl Hldgs Ltd (ADR) After Today's Big Increase?

The stock of ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) is a huge mover today! About 152,255 shares traded hands or 41.77% up from the average. ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) has declined 46.08% since February 29, 2016 and is downtrending. It has underperformed by 58.29% the S&P500.
The move comes after 8 months positive chart setup for the $107.00M company. It was reported on Oct, 3 by We have $5.50 PT which if reached, will make NASDAQ:CCIH worth $33.17M more.

According to Zacks Investment Research, “ChinaCache International Holdings Ltd. provides Internet content and application delivery services to businesses, government agencies and other enterprises in China. The Company deploys servers and nodes across networks throughout China and uses a private transmission backbone that connects the nodes and data centers. The services offered by ChinaCache include web page content services, file transfer services, rich media streaming services, guaranteed application services, and managed internet data services, content bridging services and other value-added services. It also provides various integrated solutions to Enterprises, Financial Institutions, and Government Agencies and to the Media, Mobile Internet, and Online Games, E-commerce, Internet and Software Services industry. ChinaCache International Holdings Ltd. is headquartered in Beijing, People’s of Republic of China.”

More important recent ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) news were published by: which released: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011, also published article titled: “10 Internet Software & Services Stocks to Sell Now”, published: “Chinacache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) Not Letting Dust Settle On …” on March 06, 2014. More interesting news about ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) was released by: and their article: “7 Internet Software & Services Stocks to Sell Now” with publication date: July 21, 2016.

CCIH Company Profile

ChinaCache International Holdings Ltd. (ChinaCache), incorporated on June 29, 2005, is a holding Company. The Firm provides a portfolio of services and solutions to businesses, government agencies and other enterprises to manage the scalability of their online services and applications. The Company’s across the nation service platform, which consists of its network, servers and software, is designed to handle planned and unplanned peaks without upfront and ongoing capital outlay and other investments on the part of its customers. It provides a portfolio of content and application delivery total solutions and solutions tailored to its customers’ needs. It provides various services that are offered on a standalone basis or combined as part of its integrated solutions, such as Web Page Content Services, File Transfer Services, Rich Media Streaming Services, Guaranteed Application Services, Managed Internet Data Services, ChinaCache Cloud Services, Content Bridging Services, Internet Exchange and Data Center Services, Mobile Internet Solutions, Value-added Services, Cloud Infrastructure Development and Customer-tailored Integrated Solutions.

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