China Commercial Credit Inc (CCCR) Insider Yang Jie Purchases 150,000 Shares

China Commercial Credit Inc (NASDAQ:CCCR) insider Yang Jie bought 150,000 shares of China Commercial Credit stock in a transaction on Wednesday, December 12th. The shares were acquired at an average cost of $3.50 per share, for a total transaction of $525,000.00. Following the completion of the acquisition, the insider now directly owns 3,484,386 shares in the company, valued at $12,195,351. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Yang Jie also recently made the following trade(s):

  • On Thursday, February 8th, Yang Jie sold 3,761,411 shares of China Commercial Credit stock. The stock was sold at an average price of $1.50, for a total transaction of $5,642,116.50.

China Commercial Credit Inc (CCCR) traded up $0.02 on Thursday, reaching $1.42. 182,100 shares of the company’s stock were exchanged, compared to its average volume of 731,787. The company has a market cap of $27.34, a price-to-earnings ratio of -2.69 and a beta of -0.67. China Commercial Credit Inc has a 52-week low of $0.89 and a 52-week high of $4.00.

China Commercial Credit (NASDAQ:CCCR) last released its quarterly earnings data on Tuesday, November 14th. The credit services provider reported ($0.14) earnings per share for the quarter. China Commercial Credit had a negative return on equity of 1,995.02% and a negative net margin of 2,903.62%. The business had revenue of $0.13 million for the quarter.

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China Commercial Credit Company Profile

China Commercial Credit, Inc is engaged in offering financial services in China. The Company’s operations consist of providing direct loans, loan guarantees and financial leasing services to small-to-medium sized businesses (SMEs), farmers and individuals in the city of Wujiang, Jiangsu Province. Its loan and loan guarantee business is conducted through Wujiang Luxiang Rural Microcredit Co, Ltd.

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