For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $0.98 in the prior trading day, Cheche Group Inc (NASDAQ: CCG) closed at $1.00, up 2.03%. In other words, the price has increased by $2.03 from its previous closing price. On the day, 0.58 million shares were traded. CCG stock price reached its highest trading level at $1.0335 during the session, while it also had its lowest trading level at $0.98.
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 1.43 and its Current Ratio is at 1.43. 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 77137200 and an Enterprise Value of -47575536. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at -0.014 whereas that against EBITDA is 0.436.
Stock Price History:
The Beta on a monthly basis for CCG is 0.32, which has changed by -0.7777778 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, CCG has reached a high of $4.94, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is 3.13%, while the 200-Day Moving Average is calculated to be 13.91%.
Shares Statistics:
The stock has traded on average 562.22K shares per day over the past 3-months and 650760 shares per day over the last 10 days, according to various share statistics. A total of 57.15M shares are outstanding, with a floating share count of 15.50M. Insiders hold about 79.54% of the company’s shares, while institutions hold 0.88% stake in the company. Shares short for CCG as of 1740700800 were 208946 with a Short Ratio of 0.37, compared to 1738281600 on 82806. Therefore, it implies a Short% of Shares Outstanding of 208946 and a Short% of Float of 0.72000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
