The price of CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) shares last traded on Wall Street rose 1.89% to $11.84.
CCCS stock price is now 8.28% away from the 50-day moving average and 5.90% away from the 200-day moving average. The market capitalization of the company currently stands at $7.41B.
With the price target enhanced from $14 to $15, Morgan Stanley Upgraded its rating from Equal-Weight to Overweight for CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS). , while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, RAMAMURTHY GITHESH, Officer bought 1,887,093 shares of the company’s stock on Nov 13 ’24. The stock was bought for $22,225,249 at an average price of $11.78. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 13 ’24, Officer PRIGGE MARY JO bought 2,489 shares of the business’s stock. A total of $29,872 was incurred on buying the stock at an average price of $12.00. A total of 32.82% of the company’s stock is owned by insiders.
During the past 12 months, CCC Intelligent Solutions Holdings Inc has had a low of $9.79 and a high of $12.68. As of last week, the company has a debt-to-equity ratio of 0.44, a current ratio of 3.05, and a quick ratio of 3.05. According to the stock market information, the enterprise value for the company is $7991242240, which is based on a 158.93 price-to-earnings ratio, a 15.21 price-to-earnings-growth ratio, and a beta of 0.66. The fifty day moving average price for CCCS is $10.9082 and a two-hundred day moving average price translates $11.17565 for the stock.
The latest earnings results from CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) was released for 2024-09-30. The net profit margin was 5.02% and return on equity was 2.33% for CCCS. The company reported revenue of $238.48 million for the quarter, compared to $221.15 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.84 percent.
