Cheche Group Inc (NASDAQ:CCG) currently has a daily average trading volume of 580.82K but it saw 2298459 shares traded in last market. With a market cap of 89.38M USD, the company’s current market price of $1.18 came rising about 13.46 while comparing to the previous closing price of $1.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.20 and as low as $0.56. In the recent trading on the day, stock has struck highest price mark of $1.06 while lowest mark touched by it was $1.26.
Taking a look at 20-day trading activity of Cheche Group Inc (CCG) gives us an average price of $1.0900, while its current price level is -71.90% below from 52-week high level whereas it is 112.61% 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 $0.9823 while that of 200 days or SMA-200 reads an average of $0.8728. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.17% during that period while stretching the period over a month that increases to 12.45%. 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 61.26 which implies that the stock is in neutral territory.
Over the week, CCG’s stock price is moving 26.88% up while it is 4.42% when we observe its performance for the past one month. Year-to-date it is 32.60% up and over the past year, the stock is showing a downside performance of -72.17%.
The company is expected to be releasing its next quarterly report on 2024-Nov-25, for which analysts forecasted an EPS of -0.12 while estimate for next year EPS is -0.39. In next quarter, company is expected to be making quarterly sales of $819.79M as analysts are expecting the sales for current fiscal year at $3.5B and seeing the company making $3.54B in sales next year. Moreover, analysts are in estimates of $1.01B for current-quarter revenue.
Currently, Cheche Group Inc’s total number of outstanding shares is 57.15M with 65.64% of that held by the insiders while 1.13% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -22.61% and return on equity (ROE) at -22.76%. Stock’s beta reads 0.28. Stock has a price to book (P/B) ratio of 1.77 while price to sale or P/S ratio amounts to 0.19. Its return on asset (ROA) is -8.35% on average.
