CCC Intelligent Solutions Holdings Inc (CCCS) 20 Days SMA touches 4.07%: The odds favor the bear

On Monday, CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) was -1.36% drop from the session before settling in for the closing price of $11.77. A 52-week range for CCCS has been $9.79 – $12.68.

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Technology Sector giant saw their annual sales surged by 11.04% over the last five years. When this article was written, the company’s average yearly earnings per share was at 15.34%. With a float of $422.98 million, this company’s outstanding shares have now reached $603.13 million.

The firm has a total of 2925 workers. Let’s measure their productivity. In terms of profitability, gross margin is 73.72%, operating margin of 8.45%, and the pretax margin is 7.23%.

CCC Intelligent Solutions Holdings Inc (CCCS) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward CCC Intelligent Solutions Holdings Inc stocks. The insider ownership of CCC Intelligent Solutions Holdings Inc is 32.38%, while institutional ownership is 71.03%. The most recent insider transaction that took place on Nov 14 ’24, was worth 884,985. In this transaction Chief Accounting Officer of this company sold 75,000 shares at a rate of $11.80, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 13 ’24, when Company’s insider sold 2,489 for $12.00, making the entire transaction worth $29,871. This insider now owns 97,268 shares in total.

CCC Intelligent Solutions Holdings Inc (CCCS) Earnings and Forecasts

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

You can see what CCC Intelligent Solutions Holdings Inc (CCCS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.79. Likewise, its price to free cash flow for the trailing twelve months is 36.06.

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)

Analysing the last 5-days average volume posted by the [CCC Intelligent Solutions Holdings Inc, CCCS], we can find that recorded value of 4.66 million was better than the volume posted last year of 3.43 million. As of the previous 9 days, the stock’s Stochastic %D was 77.08%. Additionally, its Average True Range was 0.30.

During the past 100 days, CCC Intelligent Solutions Holdings Inc’s (CCCS) raw stochastic average was set at 81.61%, which indicates a significant increase from 76.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.88% in the past 14 days, which was higher than the 22.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.98, while its 200-day Moving Average is $11.19. Now, the first resistance to watch is $11.74. This is followed by the second major resistance level at $11.87. The third major resistance level sits at $11.96. If the price goes on to break the first support level at $11.52, it is likely to go to the next support level at $11.43. Should the price break the second support level, the third support level stands at $11.30.

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

There are 625,502K outstanding shares of the company, which has a market capitalization of 7.22 billion. As of now, sales total 866,380 K while income totals -92,480 K. Its latest quarter income was 238,480 K while its last quarter net income were 2,810 K.