Shares of Cheche Group Inc. (NASDAQ:CCG – Free Report) are scheduled to reverse split before the market opens on Monday, July 20th. The 1-35 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, July 19th.
Cheche Group Price Performance
NASDAQ CCG opened at $0.46 on Thursday. The business has a 50 day simple moving average of $0.51 and a 200 day simple moving average of $0.69. Cheche Group has a 52-week low of $0.34 and a 52-week high of $1.54. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.23 and a current ratio of 1.23. The stock has a market cap of $31.80 million, a price-to-earnings ratio of -5.75 and a beta of 0.17.
Cheche Group (NASDAQ:CCG – Get Free Report) last announced its earnings results on Thursday, April 2nd. The company reported $0.02 EPS for the quarter. The company had revenue of $118.72 million for the quarter.
Wall Street Analyst Weigh In
Read Our Latest Research Report on CCG
Institutional Trading of Cheche Group
An institutional investor recently bought a new position in Cheche Group stock. Centiva Capital LP acquired a new position in shares of Cheche Group Inc. (NASDAQ:CCG – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,244 shares of the company’s stock, valued at approximately $27,000. 19.76% of the stock is currently owned by institutional investors and hedge funds.
Cheche Group Company Profile
Cheche Group Inc offer auto insurance technology platform. The company evolved into a comprehensive, data-driven technology platform which offers a full suite of services and products for digital insurance transactions and insurance SaaS solutions principally in China. Cheche Group Inc, formerly known as Prime Impact, is headquartered in Beijing, China.
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