|Day's Range||2.67 - 2.88|
|52 Week Range||0.89 - 3.42|
|PE Ratio (TTM)||-9.82|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SUZHOU, China, July 12, 2017 /PRNewswire/ -- China Commercial Credit, Inc. (CCCR) (the "Company"), a microfinance company providing financial services to small-to-medium enterprises ("SMEs"), farmers and individuals in Jiangsu Province, is pleased to announce that it has entered into a non-binding Letter of Intent ("LOI") with the parent company of Sorghum Investment Holdings Limited ("Sorghum"), an enterprise in the smart finance industry specializing in providing efficient and optimized financial solutions, online investment and match-for-loan services to individuals and small business owners in China. Pursuant to the terms of the LOI, CCCR will acquire 100% of the outstanding shares of Sorghum.
These ten penny stocks trading on U.S. public exchanges could gain substantial ground in July 2017 and the coming months.
Categories: Yahoo FinanceGet free summary analysis China Commercial Credit, Inc. reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of China Commercial Credit, Inc. – PHH Corporation, Federal National Mortgage Association and Stonegate Mortgage Corp. (PHH-US, FNMA-US and SGM-US) that have also reported for this period. Highlights ... Read more (Read more...)