Cheche Technology (CCG) Stock Drops Amid Market Volatility

Dec 13, 2024

Cheche Technology (CCG, Financial) experienced a sharp decline of 5.02% in its stock price. The stock is currently trading at $0.768 per share with a trading volume of 138,427 shares and a turnover rate of 0.18%. The company's recent financial report revealed a revenue of $119 million, net profit of $565,173.91, and earnings per share of $0.01. The gross profit was $5.92 million, with a P/E ratio of 1.27. Notably, 100% of analysts recommend a buy rating.

Cheche Technology operates in the internet information services sector, which saw an overall decline of 1.00%. The company is a tech platform enhancing digital car insurance transactions, offering services like AI-driven pricing and underwriting, and green insurance innovations.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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