Cheche Group Inc (NASDAQ: CCG) Shares Lost -$0.09 After Investor Confidence Dipped

ZM Stock

Cheche Group Inc (NASDAQ:CCG) has a beta value of 0.35 and has seen 1.22 million shares traded in the last trading session. The company, currently valued at $64.38M, closed the last trade at $0.85 per share which meant it lost -$0.09 on the day or -10.05% during that session. The CCG stock price is -348.24% off its 52-week high price of $3.81 and 34.12% above the 52-week low of $0.56. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.69 million shares traded. The 3-month trading volume is 613.11K shares.

Cheche Group Inc (NASDAQ:CCG) trade information

Sporting -10.05% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CCG stock price touched $0.85 or saw a rise of 32.54%. Year-to-date, Cheche Group Inc shares have moved -4.48%, while the 5-day performance has seen it change -8.88%. Over the past 30 days, the shares of Cheche Group Inc (NASDAQ:CCG) have changed -31.45%. Short interest in the company has seen 0.14 million shares shorted with days to cover at 0.12.

Cheche Group Inc (CCG) estimates and forecasts

The company’s shares have gained 10.53% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 3.68%.

1 analysts offering their estimates for the company have set an average revenue estimate of 787.44M for the current quarter. 1 have an estimated revenue figure of 858.31M for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 9.09% over the past 5 years.

CCG Dividends

Cheche Group Inc is expected to release its next earnings report on 2025-Mar-27 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 65.64% of the company shares, while shares held by institutions stand at 1.12% with a share float percentage of 3.27%. Investors are also buoyed by the number of investors in a company, with Cheche Group Inc having a total of 13.0 institutions that hold shares in the company.