With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.87 million shares. The 52-week range on CCCC shows that it touched its highest point at $11.48 and its lowest point at $2.21 during that stretch. It currently has a 1-year price target of $15.56. Beta for the stock currently stands at 3.00.
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 CCCC was down-trending over the past week, with a drop of -12.92%, but this was down by -35.34% over a month. Three-month performance dropped to -41.87% while six-month performance fell -59.80%. The stock lost -77.52% in the past year, while it has lost -34.44% so far this year. A look at the trailing 12-month EPS for CCCC yields -1.52 with Next year EPS estimates of -1.66. For the next quarter, that number is -0.46. This implies an EPS growth rate of -21.75% for this year and 10.06% for next year. EPS is expected to decline by -1.62% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -8.92%.
Float and Shares Shorts:
At present, 70.63 million CCCC shares are outstanding with a float of 56.70 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CCCC since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Based on analyst estimates, the high estimate for the next quarter is -$0.33 and the low estimate is -$0.41. The average estimate for the next quarter is thus -$0.37.
