CCC Intelligent Solutions Holdings Inc (CCCS)’s latest performance is not what we had anticipated

CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) kicked off on Friday, up 0.58% from the previous trading day, before settling in for the closing price of $10.41. Over the past 52 weeks, CCCS has traded in a range of $9.79-$12.68.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 11.04%. While this was happening, its average annual earnings per share was recorded 15.34%. With a float of $419.52 million, this company’s outstanding shares have now reached $603.13 million.

The extent of productivity of a business whose workforce counts for 2925 workers is very important to gauge. In terms of profitability, gross margin is 73.72%, operating margin of 8.45%, and the pretax margin is 5.16%.

CCC Intelligent Solutions Holdings Inc (CCCS) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of CCC Intelligent Solutions Holdings Inc is 32.93%, while institutional ownership is 69.43%. The most recent insider transaction that took place on Aug 21 ’24, was worth 312,100. In this transaction an insider of this company sold 29,022 shares at a rate of $10.75, taking the stock ownership to the 30,172 shares. Before that another transaction happened on Aug 21 ’24, when Company’s Officer proposed sale 29,022 for $10.75, making the entire transaction worth $312,099.

CCC Intelligent Solutions Holdings Inc (CCCS) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 15.34% 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 3.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.11. Likewise, its price to free cash flow for the trailing twelve months is 32.90.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.07, a number that is poised to hit 0.10 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)

The latest stats from [CCC Intelligent Solutions Holdings Inc, CCCS] show that its last 5-days average volume of 3.19 million was inferior to 3.43 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 10.91%. Additionally, its Average True Range was 0.28.

During the past 100 days, CCC Intelligent Solutions Holdings Inc’s (CCCS) raw stochastic average was set at 33.83%, which indicates a significant increase from 16.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.76% in the past 14 days, which was lower than the 21.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.83, while its 200-day Moving Average is $11.17. Now, the first resistance to watch is $10.54. This is followed by the second major resistance level at $10.62. The third major resistance level sits at $10.74. If the price goes on to break the first support level at $10.34, it is likely to go to the next support level at $10.22. Assuming the price breaks the second support level, the third support level stands at $10.14.

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

The company with the Market Capitalisation of 6.59 billion has total of 625,502K 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 232,620 K and last quarter income was 20,220 K.