The stock of Cheche Group Inc (CCG) has gone up by 3.15% for the week, with a -19.23% drop in the past month and a 13.86% rise in the past quarter. The volatility ratio for the week is 14.76%, and the volatility levels for the past 30 days are 13.16% for CCG. The simple moving average for the past 20 days is -12.12% for CCG’s stock, with a 8.22% simple moving average for the past 200 days.
Is It Worth Investing in Cheche Group Inc (NASDAQ: CCG) Right Now?
Moreover, the 36-month beta value for CCG is 0.22. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CCG is 15.50M and currently, short sellers hold a 0.89% of that float. On March 31, 2025, CCG’s average trading volume was 605.94K shares.
CCG) stock’s latest price update
Cheche Group Inc (NASDAQ: CCG) has experienced a decline in its stock price by -19.92 compared to its previous closing price of 1.18. However, the company has seen a gain of 3.15% in its stock price over the last five trading days. prnewswire.com reported 2025-03-28 that BEIJING, March 28, 2025 /PRNewswire/ — Cheche Group Inc. (NASDAQ: CCG) (“Cheche”, “the Company” or “we”), China’s leading auto insurance technology platform, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Financial and Operational Highlights Net revenue s for the quarter increased by 13.4% year-over-year to RMB983.6 million (US$134.8 million), while net revenues for the full year of 2024 increased by 5.2% over the prior year to RMB3.5 billion (US$475.8 million).
CCG Trading at -3.90% from the 50-Day Moving Average
After a stumble in the market that brought CCG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.89% of loss for the given period.
Volatility was left at 13.16%, however, over the last 30 days, the volatility rate increased by 14.76%, as shares sank -23.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.91% upper at present.
During the last 5 trading sessions, CCG rose by +3.15%, which changed the moving average for the period of 200-days by +10.84% in comparison to the 20-day moving average, which settled at $1.0753. In addition, Cheche Group Inc saw 6.19% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CCG starting from Zhou Jianxiang, who proposed sale 100,000 shares at the price of $0.81 back on Sep 05 ’24. After this action, Zhou Jianxiang now owns shares of Cheche Group Inc, valued at $80,610 using the latest closing price.
Stock Fundamentals for CCG
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.04 for the gross margin
The net margin for Cheche Group Inc stands at -0.02. The total capital return value is set at -0.27. Equity return is now at value -16.65, with -5.62 for asset returns.
The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -91.6.
Currently, EBITDA for the company is -146.95 million with net debt to EBITDA at 1.32. When we switch over and look at the enterprise to sales, we see a ratio of 0.12. The receivables turnover for the company is 4.5for trailing twelve months and the total asset turnover is 3.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
To wrap up, the performance of Cheche Group Inc (CCG) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
