Creative Global Technology (NASDAQ:CGTL) Upgraded to “Hold” at Wall Street Zen

Creative Global Technology (NASDAQ:CGTL) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Creative Global Technology in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Creative Global Technology currently has a consensus rating of “Sell”.

Creative Global Technology Stock Performance

CGTL stock opened at $2.14 on Friday. Creative Global Technology has a fifty-two week low of $0.41 and a fifty-two week high of $6.52. The business has a 50 day moving average price of $2.74 and a 200 day moving average price of $1.39.

Institutional Trading of Creative Global Technology

An institutional investor recently bought a new position in Creative Global Technology stock. Marex Group plc purchased a new stake in Creative Global Technology Holdings Limited (NASDAQ:CGTL) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 124,505 shares of the company’s stock, valued at approximately $173,000. Marex Group plc owned about 0.58% of Creative Global Technology as of its most recent filing with the SEC.

Creative Global Technology Company Profile

Creative Global Technology Holdings Inc (NASDAQ: CGTL) is a China-based provider of advanced electronics manufacturing services specializing in the design and production of semiconductor packaging substrates, printed circuit boards (PCBs) and related back-end assembly solutions. The company’s core capabilities encompass high-density interconnect substrates, leadframe and leadless chip carriers, and system-in-package modules, enabling customers to address the miniaturization and performance demands of modern electronic devices.

CGTL serves a broad spectrum of end markets, including smartphones, tablets, computing devices, automotive electronics, and industrial applications.