CCA Industries (OTCMKTS:CAWW) Shares Down 14.3% – Here’s What Happened

CCA Industries, Inc. (OTCMKTS:CAWW) fell 14.3% on Wednesday . The stock traded as low as $0.59 and last traded at $0.60. 31,900 shares traded hands during mid-day trading, an increase of 316% from the average session volume of 7,672 shares. The stock had previously closed at $0.70.

CCA Industries Stock Performance

The business has a fifty day simple moving average of $0.81 and a 200-day simple moving average of $0.85. The firm has a market cap of $4.12 million, a price-to-earnings ratio of -20.83 and a beta of 0.76.

CCA Industries (OTCMKTS:CAWW) last announced its earnings results on Tuesday, October 15th. The company reported ($0.06) earnings per share for the quarter. The firm had revenue of $1.76 million for the quarter. CCA Industries had a negative return on equity of 2.96% and a negative net margin of 3.25%.

CCA Industries Company Profile

CCA Industries, Inc manufactures and distributes health and beauty aid products in the United States and internationally. It offers oral health-care products under the Plus+White brand; skin-care products under the Sudden Change and Porcelana brand names; nail treatments under the brand name of Nutra Nail; medicated topical and shave gels under the Bikini Zone brand; depilatories under the Hair Off brand and; perfumes under the brand name of Sunset Cafe.