With 1.5 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.89 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $11.285 whereas the lowest price it dropped to was $11.08. The 52-week range on CCCS shows that it touched its highest point at $12.68 and its lowest point at $9.79 during that stretch. It currently has a 1-year price target of $13.83. Beta for the stock currently stands at 0.62.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CCCS was down-trending over the past week, with a drop of -0.18%, but this was up by 2.48% over a month. Three-month performance surged to 0.45% while six-month performance fell -3.04%. The stock lost -2.71% in the past year, while it has lost -2.11% so far this year. A look at the trailing 12-month EPS for CCCS yields 0.03 with Next year EPS estimates of 0.41. For the next quarter, that number is 0.09. This implies an EPS growth rate of 13.24% for this year and 12.53% for next year.
Float and Shares Shorts:
At present, 603.13 million CCCS shares are outstanding with a float of 418.12 million shares on hand for trading. On 2024-09-30, short shares totaled 15.53 million, which was 248.99999999999997 higher than short shares on 1724976000. In addition to Mr. Githesh Ramamurthy as the firm’s Chairman & CEO, Mr. Brian Herb serves as its Executive VP, CFO & Chief Administrative Officer.
Institutional Ownership:
Through their ownership of 0.98721004 of CCCS’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, CCCS reported revenue of $232618000.0 and operating income of $22513000.0. The EBITDA in the recently reported quarter was $54985000.0 and diluted EPS was $0.03.
