China Customer Relations Centers (NASDAQ:CCRC) Rating Increased to Strong-Buy at BidaskClub

China Customer Relations Centers (NASDAQ:CCRC) was upgraded by equities researchers at BidaskClub from a “buy” rating to a “strong-buy” rating in a report released on Saturday, January 6th.

China Customer Relations Centers (NASDAQ:CCRC) traded up $0.18 during mid-day trading on Friday, reaching $20.50. The company’s stock had a trading volume of 201,797 shares, compared to its average volume of 145,956. The company has a market capitalization of $375.76 and a PE ratio of 51.25. China Customer Relations Centers has a 12 month low of $11.59 and a 12 month high of $21.10.

Hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its stake in shares of China Customer Relations Centers by 2,925.9% during the third quarter. JPMorgan Chase & Co. now owns 7,595 shares of the business services provider’s stock valued at $127,000 after purchasing an additional 7,344 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in China Customer Relations Centers during the second quarter worth about $655,000. Finally, Citadel Advisors LLC acquired a new position in China Customer Relations Centers during the third quarter worth about $659,000. Institutional investors and hedge funds own 1.02% of the company’s stock.

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About China Customer Relations Centers

China Customer Relations Centers, Inc is a business process outsourcing (BPO) service provider focusing on the complex, voice-based 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).

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