The stock of China Customer Relations Centers Inc (NASDAQ:CCRC) hit a new 52-week high and has $28.12 target or 68.00% above today’s $16.74 share price. The 9 months bullish chart indicates low risk for the $327.55M company. The 1-year high was reported on Nov, 17 by Barchart.com. If the $28.12 price target is reached, the company will be worth $222.73 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 37,342 shares traded hands. China Customer Relations Centers Inc (NASDAQ:CCRC) has risen 41.24% since April 15, 2016 and is uptrending. It has outperformed by 36.62% the S&P500.
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 notable recent China Customer Relations Centers Inc (NASDAQ:CCRC) news were published by: Prnewswire.com which released: “China Customer Relations Centers, Inc. Makes Strategic Investment in Automatic …” on November 15, 2016, also Prnewswire.com with their article: “China Customer Relations Centers, Inc. Announces Closing of its Initial Public …” published on December 21, 2015, 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) were released by: Prnewswire.com and their article: “China Customer Relations Centers, Inc. Announces Full Year 2015 Financial Results” published on April 29, 2016 as well as Quotes.Wsj.com‘s news article titled: “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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