China Commercial Credit Inc (CCCR) Insider Acquires $525,000.00 in Stock

China Commercial Credit Inc (NASDAQ:CCCR) insider Yang Jie bought 150,000 shares of the business’s stock in a transaction dated Wednesday, December 12th. The shares were bought at an average cost of $3.50 per share, for a total transaction of $525,000.00. Following the completion of the transaction, the insider now directly owns 3,484,386 shares of the company’s stock, valued at $12,195,351. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 value of $5,642,116.50.

Shares of China Commercial Credit Inc (CCCR) opened at $1.47 on Friday. 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 announced its earnings results on Tuesday, November 14th. The credit services provider reported ($0.14) earnings per share (EPS) for the quarter. The company had revenue of $0.13 million 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%.

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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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