CCC Intelligent Solutions Holdings Inc (CCCS) concluded trading on Wednesday at a closing price of $11.50, with 4.42 million shares of worth about $50.87 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.42% during that period and on January 08, 2025 the price saw a gain of about 1.50%. Currently the company’s common shares owned by public are about 625.33M shares, out of which, 420.27M shares are available for trading.
Stock saw a price change of -1.96% in past 5 days and over the past one month there was a price change of -9.23%. Year-to-date (YTD), CCCS shares are showing a performance of -1.96% which increased to 5.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.79 but also hit the highest price of $12.88 during that period. The average intraday trading volume for CCC Intelligent Solutions Holdings Inc shares is 3.09 million. The stock is currently trading -3.19% below its 20-day simple moving average (SMA20), while that difference is down -2.73% for SMA50 and it goes to 2.04% higher than SMA200.
CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) currently have 625.33M outstanding shares and institutions hold larger chunk of about 71.01% of that.
The stock has a current market capitalization of $7.19B and its 3Y-monthly beta is at 0.72. PE ratio of stock for trailing 12 months is 154.36, while it has posted earnings per share of $0.07 in the same period. Its PEG reads 15.44 and has Quick Ratio of 3.05 while making debt-to-equity ratio of 0.44. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CCCS, volatility over the week remained 2.25% while standing at 2.11% over the month.
Stock’s fiscal year EPS is expected to rise by 15.57% while it is estimated to increase by 7.58% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on November 13, 2024 offering an Overweight rating for the stock and assigned a target price range of between $14 and $15 to it. Coverage by BofA Securities stated CCC Intelligent Solutions Holdings Inc (CCCS) stock as a Buy in their note to investors on August 20, 2024, suggesting a price target of $15 for the stock. On December 13, 2023, Citigroup Resumed their recommendations, while on December 12, 2023, Morgan Stanley Initiated their ratings for the stock with a price target of $13. Stock get a Buy rating from Stifel on September 22, 2023.
