A new trading day began on Friday, with CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) stock price down -0.90% from the previous day of trading, before settling in for the closing price of $12.24. CCCS’s price has ranged from $9.79 to $12.88 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 11.04% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 16.39%. With a float of $420.26 million, this company’s outstanding shares have now reached $625.33 million.
In an organization with 2925 employees, it is important to assess its efficiency. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. 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) Performance Highlights and Predictions
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
Here are CCC Intelligent Solutions Holdings Inc’s current performance indicators. According to the last quarter’s results, the 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 8.11. Likewise, its price to free cash flow for the trailing twelve months is 37.55.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 3.05 million. That was inferior than the volume of 3.39 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 20.13%. 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 75.73%, which indicates a significant increase from 10.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.32% in the past 14 days, which was lower than the 22.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.56, while its 200-day Moving Average is $11.29. However, in the short run, CCC Intelligent Solutions Holdings Inc’s stock first resistance to watch stands at $12.29. Second resistance stands at $12.46. The third major resistance level sits at $12.58. If the price goes on to break the first support level at $12.00, it is likely to go to the next support level at $11.88. Assuming the price breaks the second support level, the third support level stands at $11.71.
CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) Key Stats
With a market capitalization of 7.52 billion, the company has a total of 625,502K Shares Outstanding. Currently, annual sales are 866,380 K while annual income is -92,480 K. The company’s previous quarter sales were 238,480 K while its latest quarter income was 2,810 K.
