It is currently trading at $1.70 significantly above the 50 day moving average of $1.44 and much higher than the 200 day moving average of $1.35. The 50 day moving average was up $0.26 or +18.28% and the 200 day average was up $0.35. Trading was light with 0 shares changing hands on Wednesday. Overall, volume was down nan% under the stocks normal daily volume.
These funds have shifted positions in (TCPI). As of quarter end Citadel Advisors LLC had sold a total of 150,528 shares trimming its stake by 70.9%. The value of the investment in (TCPI) went from $205,000 to $75,000 a change of 63.4% quarter over quarter.
TCP International Holdings Ltd., launched on October 6, 2010, is a provider of light-emitting diode (LED) and compact fluorescent lamp (CFL) lighting technologies. The Company designs, develops, manufactures and delivers lamps, fixtures and Internet-based lighting control solutions. The Business’s portfolio of LED and CFLs, fixtures and Internet-based lighting solutions are offered through retail and consumer and industrial distributors throughout the United States, Canada, Asia, Latin America and Europe/Middle East/Africa (EMEA)..