CCC Intelligent Solutions (NASDAQ:CCCS) Trading 0.5% Higher – Still a Buy?

Shares of CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) were up 0.5% on Friday . The company traded as high as $8.91 and last traded at $8.80. Approximately 4,781,891 shares traded hands during trading, a decline of 17% from the average daily volume of 5,760,594 shares. The stock had previously closed at $8.76.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on CCCS shares. Wall Street Zen lowered CCC Intelligent Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, September 21st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CCC Intelligent Solutions in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

CCC Intelligent Solutions Stock Up 0.5%

The firm has a market capitalization of $5.73 billion, a P/E ratio of 67.39, a price-to-earnings-growth ratio of 10.52 and a beta of 0.72. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.46.

CCC Intelligent Solutions (NASDAQ:CCCS) last posted its earnings results on Tuesday, March 1st. The company reported $0.05 EPS for the quarter. CCC Intelligent Solutions had a return on equity of 4.07% and a net margin of 0.19%.

About CCC Intelligent Solutions

CCC Intelligent Solutions Holdings Inc provides cloud, mobile, AI, telematics, hyperscale technologies, and applications for the property and casualty insurance economy. It SaaS platform digitizes mission-critical AI-enabled workflows, facilitates commerce, and connects businesses across the insurance economy, including insurance carriers, collision repairers, parts suppliers, automotive manufactures, financial institution, and others.