Wang Zhili
stated that they own a 21.6% stake in China Customer Relations Centers, Inc. (NASDAQ:CCRC) in a Schedule 13G/A disclosure that was filed with the Securities and Exchange Commission on Tuesday, July 18th. The investor owns 3,958,773 shares of the stock valued at $57,639,735. The filing is available through EDGAR at this link.
Wang Zhili
provided the following explanation of their ownership:
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Shares of China Customer Relations Centers, Inc. (CCRC) traded up 6.11% during midday trading on Tuesday, reaching $15.45. 361,118 shares of the company were exchanged. The stock’s 50-day moving average price is $15.90 and its 200-day moving average price is $15.20. The company has a market capitalization of $283.18 million, a PE ratio of 34.33 and a beta of -1.12. China Customer Relations Centers, Inc. has a 52-week low of $9.66 and a 52-week high of $22.00.
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Separately, ValuEngine raised shares of China Customer Relations Centers from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.
China Customer Relations Centers Company Profile
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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