Creative Global Technology (NASDAQ:CGTL) Upgraded at Wall Street Zen

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

Separately, Weiss Ratings lowered Creative Global Technology from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, June 16th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Creative Global Technology Price Performance

NASDAQ CGTL opened at $4.47 on Friday. Creative Global Technology has a one year low of $2.27 and a one year high of $96.00. The business has a fifty day moving average price of $6.39 and a 200 day moving average price of $22.21.

Hedge Funds Weigh In On Creative Global Technology

A hedge fund recently bought a new stake in Creative Global Technology stock. Renaissance Technologies LLC purchased a new position in shares of Creative Global Technology Holdings Limited (NASDAQ:CGTL) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 111,359 shares of the company’s stock, valued at approximately $118,000. Renaissance Technologies LLC owned 0.65% of Creative Global Technology at the end of the most recent reporting period.

About Creative Global Technology

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.