Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of Cheche Group Inc (NASDAQ: CCG) was $0.78 for the day, down -3.05% from the previous closing price of $0.80. In other words, the price has decreased by -$3.05 from its previous closing price. On the day, 0.51 million shares were traded. CCG stock price reached its highest trading level at $0.86 during the session, while it also had its lowest trading level at $0.7212.
Ratios:
Our analysis of CCG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 77141864 and an Enterprise Value of -3753481. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at -0.001 whereas that against EBITDA is 0.059.
Stock Price History:
The Beta on a monthly basis for CCG is 0.37, which has changed by -0.73055553 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, CCG has reached a high of $3.05, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is -20.47%, while the 200-Day Moving Average is calculated to be -11.25%.
Shares Statistics:
CCG traded an average of 615.39K shares per day over the past three months and 669470 shares per day over the past ten days. A total of 75.74M 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 1741910400 were 138633 with a Short Ratio of 0.23, compared to 1739491200 on 31869. Therefore, it implies a Short% of Shares Outstanding of 138633 and a Short% of Float of 0.47000000000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
