Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
In the latest session, Cheche Group Inc (NASDAQ: CCG) closed at $0.86 down -2.91% from its previous closing price of $0.89. In other words, the price has decreased by -$2.91 from its previous closing price. On the day, 80546.0 shares were traded. CCG stock price reached its highest trading level at $0.891 during the session, while it also had its lowest trading level at $0.855.
Ratios:
For a deeper understanding of Cheche Group Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.16.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCG now has a Market Capitalization of 72326200 and an Enterprise Value of 37975200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 0.012 whereas that against EBITDA is -1.136.
Stock Price History:
The Beta on a monthly basis for CCG is 0.42, which has changed by 0.024137974 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, CCG has reached a high of $1.54, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is -10.62%, while the 200-Day Moving Average is calculated to be -6.44%.
Shares Statistics:
For the past three months, CCG has traded an average of 145.71K shares per day and 62260 over the past ten days. A total of 61.73M shares are outstanding, with a floating share count of 25.10M. Insiders hold about 68.92% of the company’s shares, while institutions hold 1.13% stake in the company. Shares short for CCG as of 1764288000 were 100477 with a Short Ratio of 0.64, compared to 1761868800 on 68738. Therefore, it implies a Short% of Shares Outstanding of 100477 and a Short% of Float of 0.2.
