Is This The Best Time To Buy Cheche Group Inc (NASDAQ: CCG) Stock?

Cheche Group Inc (NASDAQ:CCG) traded at $1.02 at close of the session on Monday, April 21 and made an upward move of 25.54% on its previous day’s price.

Looking at the stock we see that its previous close was $0.81 and the beta (5Y monthly) reads 0.39 with the day’s price range being $0.7881 – $1.07. In terms of its 52-week price range, CCG has a high of $2.52 and a low of $0.56. The company’s stock has gained about 9.68% over that past 30 days.

Cheche Group Inc has a market cap of $77.26 million and is expected to release its quarterly earnings report on 2025-Mar-27.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 787.44M, with a low of 787.44M and a high of 787.44M. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 3.6B, or 3.68% up from figures reported last year.

On the other hand, looking at the outlook for the CCG stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 100% Buy.

Looking further, we note the current price level is 16.12% off its SMA20 and 5.26% from its 50-day simple moving average. The RSI (14) is pointing at 58.17 while the volatility over the past week is 14.33% and jumps to 13.06% over the past one month. The beta value is 0.38, while the average true range (ATR) is currently pointing at 0.11.

Coming back to Cheche Group Inc (NASDAQ:CCG), we note that the average 3-month trading volume was 609.28K, while that of the preceding 10-day period stands at 0.34 million. Current shares outstanding are 61.73 million.

The insiders hold 79.54% of the company’s shares while institutions hold 0.88%. The data shows that short shares as of 2025-03-31, stood at 0.18 million at a short ratio of 0.24. This represents a 34.00 short interest in shares outstanding on 2025-03-31. Shares short fall in March from the previous month at 0.21 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 14.62% up in year-to-date price movement.

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