Cheche Technology (CCG, Financial) experienced a significant stock movement, with shares dropping 5.19%. The stock is currently priced at $0.897 per share, with a trading volume of 232,380 shares and a turnover rate of 0.30%.
Recent financial reports reveal that Cheche Technology achieved a revenue of $119 million and a net profit of $565,173.91, translating to an earnings per share of $0.01. The company also reported a gross profit of $5.92 million and a price-to-earnings ratio of 1.48.
Analyst ratings show positive sentiment, with 100% of participating institutions recommending a buy. No institutions have suggested holding or selling the stock. Within the internet information services sector, where Cheche Technology operates, the overall decline was 0.68%.
In related stocks, Moneyhero Ltd, Getty Images Holdings, and Shutterstock saw notable gains. Active stocks included Asset Entities Inc., Getty Images Holdings, and Shutterstock, with turnover rates of 22.87%, 13.60%, and 9.24%, respectively. Stocks with significant volatility included Cheche Group Inc, Giftify, and Getty Images Holdings, with amplitudes of 32.49%, 31.00%, and 29.38%, respectively.
Cheche Technology Group is an insurance technology company in China, focusing on digital car insurance transactions. It aims to enhance the traditional car insurance distribution and service value chain by improving operational efficiency, reducing transaction costs, and expanding distribution channels. Its services include digital insurance transactions, insurance intermediary SaaS platforms, AI-driven insurance pricing, and green car insurance innovations.
