The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Cheche Group Inc (NASDAQ: CCG) closed the day trading at $0.99 down -13.17% from the previous closing price of $1.14. In other words, the price has decreased by -$13.17 from its previous closing price. On the day, 0.54 million shares were traded. CCG stock price reached its highest trading level at $1.13 during the session, while it also had its lowest trading level at $0.98.
Ratios:
For a better understanding of CCG, let’s 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 76358112 and an Enterprise Value of -48377440. 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 1.48. Its current Enterprise Value per Revenue stands at -0.014 whereas that against EBITDA is 0.444.
Stock Price History:
The Beta on a monthly basis for CCG is 0.24, which has changed by -0.79157895 over the last 52 weeks, in comparison to a change of 0.07903516 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 2.58%, while the 200-Day Moving Average is calculated to be 12.32%.
Shares Statistics:
Over the past 3-months, CCG traded about 558.80K shares per day on average, while over the past 10 days, CCG traded about 852980 shares per day. 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
