Code Chain New Continent (NASDAQ:CCNC) Stock Price Down 1.6% – Here’s What Happened

Code Chain New Continent Limited (NASDAQ:CCNC)’s share price dropped 1.6% during mid-day trading on Thursday . The stock traded as low as $2.29 and last traded at $2.41. Approximately 14,855 shares changed hands during trading, a decline of 20% from the average daily volume of 18,580 shares. The stock had previously closed at $2.45.

Code Chain New Continent Price Performance

The stock’s 50-day moving average price is $1.76 and its 200-day moving average price is $2.18.

Code Chain New Continent Company Profile

Code Chain New Continent Limited, through its subsidiaries, focuses on research, development, and application of Internet of Things (IoT) and electronic token digital door signs. It creates digital door signs which is the digitalization of a physical store by means of animation and other technical services; and offers electronic tokens, that are used for purchasing virtual real estate properties.