Cool Holdings Inc (NASDAQ:AWSM) shares dropped 10.2% during trading on Tuesday . The company traded as low as $1.45 and last traded at $1.47, approximately 305,852 shares traded hands during trading. A decline of 20% from the average daily volume of 383,641 shares. The stock had previously closed at $1.64.

Separately, ValuEngine upgraded Cool from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st.

The company has a 50 day moving average of $1.70 and a 200 day moving average of $2.33.

An institutional investor recently bought a new position in Cool stock. Citadel Advisors LLC purchased a new position in Cool Holdings Inc (NASDAQ:AWSM) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 27,106 shares of the company’s stock, valued at approximately $44,000. Citadel Advisors LLC owned approximately 0.30% of Cool as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 1.67% of the company’s stock.

Cool Company Profile (NASDAQ:AWSM)

Cool Holdings, Inc manufactures and sells wireless handsets, tablets, and related products to the carriers, distributors, and retailers in Latin America. The company sells its products under the verykool brand. It operates OneClick store located in the El Solar Shopping district in Buenos Aires, Argentina.

Featured Article: How to trade the most active stocks

Receive News & Ratings for Cool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cool and related companies with MarketBeat.com's FREE daily email newsletter.