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The price of Cheche Group Inc (NASDAQ: CCG) closed at $0.76 in the last session, down -0.78% from day before closing price of $0.77. In other words, the price has decreased by -$0.78 from its previous closing price. On the day, 1.14 million shares were traded. CCG stock price reached its highest trading level at $0.875 during the session, while it also had its lowest trading level at $0.7455.
Ratios:
We take a closer look at CCG’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 57791300 and an Enterprise Value of -62809340. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at -0.019 whereas that against EBITDA is 0.415.
Stock Price History:
Over the past 52 weeks, CCG has reached a high of $15.90, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is -7.57%, while the 200-Day Moving Average is calculated to be -72.73%.
Shares Statistics:
According to the various share statistics, CCG traded on average about 346.56K shares per day over the past 3-months and 321510 shares per day over the past 10 days. 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 1726185600 were 194018 with a Short Ratio of 0.56, compared to 1723680000 on 377229. Therefore, it implies a Short% of Shares Outstanding of 194018 and a Short% of Float of 0.69999998.
