Cheche Group Inc (NASDAQ: CCG) Now $0.66 Higher From Its Low (0.34), Does It Still Have A Growth Story?

Cheche Group Inc (NASDAQ:CCG) currently has a daily average trading volume of 1.03M but it saw 1040831 shares traded in last market. With a market cap of 75.44M USD, the company’s current market price of $1.00 came rising about 11.11 while comparing to the previous closing price of $0.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $200.00 and as low as $0.66. In the recent trading on the day, stock has struck highest price mark of $0.865 while lowest mark touched by it was $1.02.

Taking a look at 20-day trading activity of Cheche Group Inc (CCG) gives us an average price of $0.8492, while its current price level is -99.50% below from 52-week high level whereas it is 51.24% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8439 while that of 200 days or SMA-200 reads an average of $3.5694. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.81% during that period while stretching the period over a month that decreases to 8.98%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.23 which implies that the stock is in neutral territory.

Over the week, CCG’s stock price is moving 24.69% up while it is 16.55% when we observe its performance for the past one month. Year-to-date it is -84.45% down and over the past year, the stock is showing a downside performance of -90.70%.

Currently, Cheche Group Inc’s total number of outstanding shares is 56.84M. Company’s return on investment (ROI) stands at -207.05% and return on equity (ROE) at -228.03%. Stock’s beta reads 0.23. Stock has a price to book (P/B) ratio of 1.49 while price to sale or P/S ratio amounts to 0.22. Its return on asset (ROA) is -123.77% on average.