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After finishing at $0.67 in the prior trading day, Cheche Group Inc (NASDAQ: CCG) closed at $0.60, down -10.06%. In other words, the price has decreased by -$10.06 from its previous closing price. On the day, 0.62 million shares were traded. CCG stock price reached its highest trading level at $0.691 during the session, while it also had its lowest trading level at $0.5825.
Ratios:
Our goal is to gain a better understanding of CCG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 05 ’24 when Zhou Jianxiang bought 100,000 shares for $0.81 per share.
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 45490764 and an Enterprise Value of -75321520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at -0.023 whereas that against EBITDA is 0.497.
Stock Price History:
Over the past 52 weeks, CCG has reached a high of $200.00, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is -30.15%, while the 200-Day Moving Average is calculated to be -81.45%.
Shares Statistics:
The stock has traded on average 406.43K shares per day over the past 3-months and 494090 shares per day over the last 10 days, according to various share statistics. A total of 56.84M shares are outstanding, with a floating share count of 11.31M. Insiders hold about 85.07% of the company’s shares, while institutions hold 0.53% stake in the company. Shares short for CCG as of 1723680000 were 377229 with a Short Ratio of 0.93, compared to 1721001600 on 404176. Therefore, it implies a Short% of Shares Outstanding of 377229 and a Short% of Float of 1.3599999999999999.
