How to Buy Cheche Group Stock
Cheche Group Inc
Cheche Group Inc. operates an online auto insurance platform. It offers non-auto insurance products, such as non-auto P&C products, as well as non-auto insurance transaction services.
Cheche Group stock last closed at $0.78, up 0% from the previous day, and has decreased 3.58% in one year. It has overperformed other stocks in the Internet Content & Information industry by 0.6 percentage points. Cheche Group stock is currently +40.54% from its 52-week low of $0.56, and -49.35% from its 52-week high of $1.54.
There are currently 80.32M shares of CCG outstanding. The market cap of CCG is $62.65M. In the last 24 hours, 78,000 CCG shares were traded.
How to Buy Cheche Group Stock
Not sure how to invest in Cheche Group stock? Here's how.
- Choose where to buy Cheche Group stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Cheche Group stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your payment method and add your info.
- Research Cheche Group stock: The Cheche Group ticker symbol is CCG. Is Cheche Group stock a good investment? Should you buy shares of CCG? How do CCG's underlying business fundamentals look? Do top analysts think Cheche Group is a good buy? Why has CCG's stock price moved recently? (Hint: Our stock research tools can help you evaluate if CCG is a good stock to buy).
- Execute your CCG purchase: Decide if you will purchase CCG shares at the current market price or use a limit order to buy CCG shares at a particular price.
- Get key alerts regarding your CCG position: Create a watchlist to the latest updates on your position in Cheche Group stock.
Step 1: Choose where to buy Cheche Group stock
You will need an online brokerage account to access the NASDAQ market and buy CCG stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal details so you can invest in CCG today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new trading account.
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Step 3: Put funds into your brokerage account
Now that you have created your account on one of the most highly reviewed stock apps, you need to deposit funds:
Watch the tutorial below for more details depositing money into your new investment account.
Step 4: Research Cheche Group stock
Once you have selected the best place to buy Cheche Group stock, it's critical to evaluate their stock before you buy, so you truly wrap your head around the risk and upside.
Cheche Group Numbers
Cheche Group Due Diligence Checks
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on CCG's stock page.
Is CCG stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CCG's intrinsic value.
Using relative valuations measures:
- CCG could be undervalued based on its P/B ratio of 1.29x, relative to Internet Content & Information industry P/B ratio of 6.61x
You can access additional valuation analysis on CCG's stock here.
How do CCG Financials look?
Positive Health Checks:
- CCG has cash burn of 15839398. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the CCG balance sheet.
- CCG profit margin has gone up from -27.9% to -1.8% in the past year.
- CCG has $20.92M in cash and short term investments. This is enough to cover its annual cash burn of $15.84M.
- There are more short-term assets than long-term liabilities on the CCG balance sheet.
Negative Health Checks:
- CCG has a relatively high debt to equity ratio of 2.62.
Is it a good time to buy Cheche Group stock, according to analysts?
Out of 1 Wall Street analysts who track CCG, the consensus analyst rating on Cheche Group is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Cheche Group stock forecast page.
CCG Technicals
CCG Performance Numbers
Last year, CCG revenue was $475.12M. During the last three year, CCG's revenue has grown by 91.04% per year. This was faster than the Internet Content & Information industry average of 17.72%.
Find out more about CCG's earnings and revenue performance here.
Are CCG insiders buying or selling the stock?
Over the past year, executives and large shareholders at CCG have not bought or sold any shares.
Research more about who owns CCG stock here.
Does CCG provide a stable income stream?
No, Cheche Group doesn't provide an income stream by paying out dividends.
What others are saying about CCG
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your CCG purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Click the Open Trade button and your broker will place the order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your CCG position
Now that you own some CCG stock, you'll want to keep up with your company.
Put CCG on a watchlist to get alerted to the latest events about your CCG stock.
CCG Feed
How to Buy Stock in Cheche Group
To reiterate, here are the 6 steps to buy stock in Cheche Group:
- Choose where to buy Cheche Group stock
- Create a brokerage account
- Put funds into your brokerage account
- Research Cheche Group stock
- Execute your CCG purchase
- Get key alerts regarding your CCG position
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your new investment in Cheche Group, get started below.
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