Is Cheche Group Inc (NASDAQ: CCG) Worth What Its Shareholders Think It Is?

During the last session, Cheche Group Inc (NASDAQ:CCG)’s traded shares were 2.3 million, with the beta value of the company hitting 0.28. At the end of the trading day, the stock’s price was $1.18, reflecting an intraday gain of 13.46% or $0.14. The 52-week high for the CCG share is $4.20, that puts it down -255.93 from that peak though still a striking 52.54% gain since the share price plummeted to a 52-week low of $0.56. The company’s market capitalization is $89.38M, and the average intraday trading volume over the past 10 days was 0.57 million shares, and the average trade volume was 580.82K shares over the past three months.

Cheche Group Inc (NASDAQ:CCG) trade information

Cheche Group Inc (CCG) registered a 13.46% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 13.46% in intraday trading to $1.18, hitting a weekly high. The stock’s 5-day price performance is 26.88%, and it has moved by 4.42% in 30 days. Based on these gigs, the overall price performance for the year is -72.17%. The short interest in Cheche Group Inc (NASDAQ:CCG) is 0.14 million shares and it means that shorts have 0.12 day(s) to cover.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.01B as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 819.79M by the end of current fiscal year.

CCG Dividends

Cheche Group Inc is due to release its next quarterly earnings on 2024-Nov-25. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Cheche Group Inc (NASDAQ:CCG)’s Major holders

Cheche Group Inc insiders own 65.64% of total outstanding shares while institutional holders control 1.12%, with the float percentage being 3.27%.

Data provided on Dec 31, 2024 indicates that Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund owns about 32.46 shares. This amounts to just over 0.06 percent of the company’s overall shares, with a $38301.0 market value.