A look at CCC Intelligent Solutions Holdings Inc’s (CCCS) recent performance gives investors their first glimpse of hope.

CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) kicked off on Monday, down -1.96% from the previous trading day, before settling in for the closing price of $11.71. Over the past 52 weeks, CCCS has traded in a range of $8.42-$13.41.

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During the last 5-year period, the sales growth of Technology Sector giant was 11.04%. While this was happening, its average annual earnings per share was recorded 13.17%. With a float of $275.14 million, this company’s outstanding shares have now reached $603.13 million.

Let’s determine the extent of company efficiency that accounts for 2925 employees.

CCC Intelligent Solutions Holdings Inc (CCCS) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of CCC Intelligent Solutions Holdings Inc is 55.21%, while institutional ownership is 33.75%. The most recent insider transaction that took place on Apr 09 ’24, was worth 192,714,455. In this transaction Director of this company sold 16,649,197 shares at a rate of $11.58, taking the stock ownership to the 4,777,763 shares. Before that another transaction happened on Apr 09 ’24, when Company’s Director sold 16,649,197 for $11.58, making the entire transaction worth $192,714,455. This insider now owns 4,777,763 shares in total.

CCC Intelligent Solutions Holdings Inc (CCCS) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 11.48 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 13.17% per share during the next fiscal year.

CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) Trading Performance Indicators

Take a look at CCC Intelligent Solutions Holdings Inc’s (CCCS) current performance indicators. Last quarter, stock had a quick ratio of 2.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.14. Likewise, its price to free cash flow for the trailing twelve months is 36.16.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.41 in one year’s time.

Technical Analysis of CCC Intelligent Solutions Holdings Inc (CCCS)

Looking closely at CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS), its last 5-days average volume was 2.62 million, which is a drop from its year-to-date volume of 3.24 million. As of the previous 9 days, the stock’s Stochastic %D was 39.14%. Additionally, its Average True Range was 0.24.

During the past 100 days, CCC Intelligent Solutions Holdings Inc’s (CCCS) raw stochastic average was set at 42.31%, which indicates a significant increase from 5.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.96% in the past 14 days, which was lower than the 18.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.68, while its 200-day Moving Average is $11.37. However, in the short run, CCC Intelligent Solutions Holdings Inc’s stock first resistance to watch stands at $11.72. Second resistance stands at $11.97. The third major resistance level sits at $12.10. If the price goes on to break the first support level at $11.34, it is likely to go to the next support level at $11.21. Should the price break the second support level, the third support level stands at $10.96.

CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) Key Stats

The company with the Market Capitalisation of 7.05 billion has total of 604,651K Shares Outstanding. Its annual sales at the moment are 866,380 K in contrast with the sum of -92,480 K annual income. Company’s last quarter sales were recorded 228,600 K and last quarter income was 25,210 K.