The price of CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) shares last traded on Wall Street fell -0.39% to $10.22.
CCCS stock price is now -9.73% away from the 50-day moving average and -10.26% away from the 200-day moving average. The market capitalization of the company currently stands at $6.37B.
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On December 12, 2023, Morgan Stanley recently initiated its ‘Equal-Weight’ rating on the stock quoting a target price of $13, while ‘Stifel’ rates the stock as ‘Buy’
In other news, Herb Brian, Officer bought 20,887 shares of the company’s stock on Jul 31 ’24. The stock was bought for $213,883 at an average price of $10.24. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 31 ’24, Herb Brian sold 20,887 shares of the business’s stock. A total of $213,883 was realized by selling the stock at an average price of $10.24. This leaves the insider owning 217,872 shares of the company worth $2.23 million. A total of 32.71% of the company’s stock is owned by insiders.
During the past 12 months, CCC Intelligent Solutions Holdings Inc has had a low of $10.05 and a high of $13.41. As of last week, the company has a debt-to-equity ratio of 0.45, a current ratio of 2.66, and a quick ratio of 2.66. According to the stock market information, the enterprise value for the company is $6980239872, which is based on a 295.38 price-to-earnings ratio, a 22.21 price-to-earnings-growth ratio, and a beta of 0.62. The fifty day moving average price for CCCS is $11.2966 and a two-hundred day moving average price translates $11.3783 for the stock.
The latest earnings results from CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) was released for 2024-06-30. The net profit margin was 2.36% and return on equity was 1.10% for CCCS. The company reported revenue of $232.62 million for the quarter, compared to $211.71 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.88 percent.
