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After finishing at $10.81 in the prior trading day, CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) closed at $10.91, up 0.93%. In other words, the price has increased by $0.93 from its previous closing price. On the day, 1.57 million shares were traded. CCCS stock price reached its highest trading level at $10.95 during the session, while it also had its lowest trading level at $10.81.
Ratios:
Our goal is to gain a better understanding of CCCS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.04. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.47.
On December 12, 2023, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $13.
On September 22, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $14.Stifel initiated its Buy rating on September 22, 2023, with a $14 target price.
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 Apr 24 ’24 when RAMAMURTHY GITHESH sold 57,619 shares for $11.52 per share. The transaction valued at 663,610 led to the insider holds 6,463,840 shares of the business.
RAMAMURTHY GITHESH sold 942,084 shares of CCCS for $10,848,757 on Apr 23 ’24. The insider now owns 6,463,840 shares after completing the transaction at $11.52 per share. On Apr 22 ’24, another insider, RAMAMURTHY GITHESH, who serves as the insider of the company, sold 297 shares for $11.52 each. As a result, the insider received 3,421 and left with 6,463,840 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCCS now has a Market Capitalization of 6705111552 and an Enterprise Value of 7368873984. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.54 while its Price-to-Book (P/B) ratio in mrq is 3.76. Its current Enterprise Value per Revenue stands at 8.292 whereas that against EBITDA is 45.411.
Stock Price History:
Over the past 52 weeks, CCCS has reached a high of $13.41, while it has fallen to a 52-week low of $8.74. The 50-Day Moving Average of the stock is -6.76%, while the 200-Day Moving Average is calculated to be -4.30%.
Shares Statistics:
The stock has traded on average 3.62M shares per day over the past 3-months and 3183580 shares per day over the last 10 days, according to various share statistics. A total of 603.13M shares are outstanding, with a floating share count of 300.61M. Insiders hold about 51.09% of the company’s shares, while institutions hold 38.33% stake in the company. Shares short for CCCS as of 1713139200 were 3488306 with a Short Ratio of 0.96, compared to 1710460800 on 3824539. Therefore, it implies a Short% of Shares Outstanding of 3488306 and a Short% of Float of 0.9400000000000001.
