$2.82M in average volume shows that CCC Intelligent Solutions Holdings Inc (CCCS) is heading in the right direction

On Tuesday, CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) opened lower -0.94% from the last session, before settling in for the closing price of $12.74. Price fluctuations for CCCS have ranged from $9.79 to $12.83 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 11.04%. Company’s average yearly earnings per share was noted 16.39% at the time writing. With a float of $420.26 million, this company’s outstanding shares have now reached $603.13 million.

Considering the fact that the conglomerate employs 2925 people, you should pay attention to its efficiency factor. 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

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of CCC Intelligent Solutions Holdings Inc is 32.81%, while institutional ownership is 70.99%. The most recent insider transaction that took place on Nov 22 ’24, was worth 814,735. In this transaction Chief Accounting Officer of this company sold 65,084 shares at a rate of $12.52, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Chief Accounting Officer sold 9,916 for $12.67, making the entire transaction worth $125,627. This insider now owns 0 shares in total.

CCC Intelligent Solutions Holdings Inc (CCCS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 16.39% per share during the next fiscal year.

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

Check out the current performance indicators for CCC Intelligent Solutions Holdings Inc (CCCS). In the past 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 8.52. Likewise, its price to free cash flow for the trailing twelve months is 39.43.

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)

Compared to the last year’s volume of 3.43 million, its volume of 3.24 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 90.45%. Additionally, its Average True Range was 0.32.

During the past 100 days, CCC Intelligent Solutions Holdings Inc’s (CCCS) raw stochastic average was set at 93.09%, which indicates a significant increase from 87.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.24% in the past 14 days, which was lower than the 22.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.18, while its 200-day Moving Average is $11.22. Nevertheless, the first resistance level for the watch stands at $12.78 in the near term. At $12.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.09. If the price goes on to break the first support level at $12.47, it is likely to go to the next support level at $12.33. Should the price break the second support level, the third support level stands at $12.16.

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

There are currently 625,502K shares outstanding in the company with a market cap of 7.89 billion. Presently, the company’s annual sales total 866,380 K according to its annual income of -92,480 K. Last quarter, the company’s sales amounted to 238,480 K and its income totaled 2,810 K.