CarCar Technology (CCG, Financial) experienced a significant stock price increase of 6.18%. The stock is currently priced at $0.840 per share, with a trading volume of 40,210 shares and a turnover rate of 0.05%. The price fluctuation is reported at 3.67%.
Recently, CarCar Technology's financial reports showed an operating revenue of $118 million and a net loss of $3.26 million, translating to an earnings per share of -$0.04. The company's gross profit stood at $4.27 million, with a price-to-earnings ratio of -0.58.
In terms of analyst ratings, all participating institutions recommend a buy for CarCar Technology, with no hold or sell recommendations. The internet information services industry, to which CarCar belongs, saw an overall rise of 0.62%. Related stocks such as Moneyhero Ltd, Leafly Holdings Inc, and Super League Enterprise, Inc. also exhibited sizable gains, while Upexi, Inc., Trump Media & Technology Group, and Reddit Inc. were notably active in trading.
CarCar Technology is an insurance technology company in China. It serves as a digital platform for auto insurance transactions and services, aiming to enhance traditional distribution and service value through digitalization. The company's offerings include digital insurance transactions, SaaS platforms for intermediaries, AI-driven pricing and underwriting services, insurance services for new energy vehicle manufacturers, and innovative green insurance solutions.
