CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) shares, rose in value on Wednesday, March 26, with the stock price down by -0.87% to the previous day’s close as strong demand from buyers drove the stock to $9.11.
Actively observing the price movement in the last trading, the stock closed the session at $9.19, falling within a range of $9.08 and $9.38. The value of beta (5-year monthly) was 0.729 whereas the PE ratio was 224.38 over 12-month period. Referring to stock’s 52-week performance, its high was $12.88, and the low was $8.82. On the whole, CCCS has fluctuated by -11.55% over the past month.
With the market capitalization of CCC Intelligent Solutions Holdings Inc currently standing at about $5.99 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.06B, with a low estimate of 249M and a high estimate of 250.76M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 249.87M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CCCS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 25.85, with the price of CCCS currently trading nearly -3.06% and -11.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.95, while the 7-day volatility ratio is showing 2.21% which for the 30-day chart, stands at 3.01%. Furthermore, CCC Intelligent Solutions Holdings Inc (CCCS)’s beta value is 0.75, and its average true range (ATR) is 0.26.
A comparison of CCC Intelligent Solutions Holdings Inc (CCCS) with its peers suggests the former has fared considerably weaker in the market. CCCS showed an intraday change of -0.87% in last session, and over the past year, it shrunk by -24.15%%.
Data on historical trading for CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) indicates that the trading volumes over the past 10 days have averaged 10.05 and over the past 3 months, they’ve averaged 6.45 million. According to company’s latest data on outstanding shares, there are 629.21 million shares outstanding.
Nearly 25.37% of CCC Intelligent Solutions Holdings Inc’s shares belong to company insiders and institutional investors own 73.34% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 23.54 million shares as on 2025-03-14, resulting in a short ratio of 2.42. According to the data, the short interest in CCC Intelligent Solutions Holdings Inc (CCCS) stood at 579.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 18.77 million. The stock has fallen by -22.34% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CCCS stock heading into the next quarter.
