Stock On Watch: China Customer Relations Centers Inc Declines Again; Strong Momentum for Sellers

Stock On Watch: China Customer Relations Centers Inc Declines Again; Strong Momentum for Sellers

The stock of China Customer Relations Centers Inc (NASDAQ:CCRC) is a huge mover today! The stock decreased 10.96% or $1.77 on November 23, hitting $14.38. About 119,086 shares traded hands or 2.09% up from the average. China Customer Relations Centers Inc (NASDAQ:CCRC) has risen 36.82% since April 22, 2016 and is uptrending. It has outperformed by 31.41% the S&P500.
The move comes after 7 months negative chart setup for the $267.05M company. It was reported on Nov, 24 by Barchart.com. We have $13.52 PT which if reached, will make NASDAQ:CCRC worth $16.02M less.

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. to Hold 2016 Annual Meeting of …” on November 18, 2016, also Prnewswire.com with their article: “China Customer Relations Centers, Inc. Makes Strategic Investment in Automatic …” published on November 15, 2016, Prnewswire.com published: “China Customer Relations Centers, Inc. Announces Closing of its Initial Public …” on December 21, 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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