Today’s Market Runner: What’s Ahead for China Customer Relations Centers Inc After Today’s Huge Decline?

Today's Market Runner: What's Ahead for China Customer Relations Centers Inc After Today's Huge Decline?

The stock of China Customer Relations Centers Inc (NASDAQ:CCRC) is a huge mover today! The stock decreased 4.03% or $0.53 on October 3, hitting $12.62. About 166,522 shares traded hands or 27.62% up from the average. China Customer Relations Centers Inc (NASDAQ:CCRC) has risen 45.73% since March 1, 2016 and is uptrending. It has outperformed by 33.51% the S&P500.
The move comes after 5 months negative chart setup for the $239.52M company. It was reported on Oct, 4 by Barchart.com. We have $11.36 PT which if reached, will make NASDAQ:CCRC worth $23.95M less.

According to Zacks Investment Research, “China Customer Relations Centers, Inc. provides call center business process outsourcing. The company focuses on the voice-based segment of customer care services. It offers customer relationship management, technical support, sales, customer retention, marketing surveys and research services. China Customer Relations Centers, Inc. is headquartered in Tai’an, the Peoples Republic of China.”

More important recent China Customer Relations Centers Inc (NASDAQ:CCRC) news were published by: Prnewswire.com which released: “China Customer Relations Centers, Inc. Announces Closing of its Initial Public …” on December 21, 2015, also Prnewswire.com published article titled: “China Customer Relations Centers, Inc. Announces Full Year 2015 Financial Results”, Prnewswire.com published: “China Customer Relations Centers, Inc. Announces Pricing of Initial Public …” on December 18, 2015. More interesting news about China Customer Relations Centers Inc (NASDAQ:CCRC) was released by: Quotes.Wsj.com and their article: “News China Customer Relations Centers Inc.CCRC” with publication date: August 30, 2010.

CCRC Company Profile

China Customer Relations Centers, Inc., incorporated on March 6, 2014, is a business process outsourcing (BPO) service well-known provider focusing on the complex, voice segment of customer care services, including customer relationship management, technical support, sales, customer retention, marketing surveys and research for certain major enterprises in the People’s Republic of China (PRC). The Company’s clients are the provincial subsidiaries of various telecommunications carriers in the PRC. It also provides outsourcing services to its clients whereby they can lease its employees to work at their offices. The Firm operates its business through contractual arrangements between its subsidiary, wholly foreign owned enterprise (WFOE) and its variable interest entity, Shandong Taiying Technology Co., Ltd (Taiying). The Company’s line of services includes Inbound Customer Care Service and Outbound Customer Care Service.

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