How to Buy Cheche Group Stock
Cheche Group Inc
Cheche Group is a insurance company located in China, which is part of the Financial Services sector, and is traded under the ticker CCG on the NASDAQ exchange.
Cheche Group stock last closed at $1.90, up 5.56% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Insurance Brokers industry by N/A percentage points. Cheche Group stock is currently +18.75% from its 52-week low of $1.60, and -99.05% from its 52-week high of $200.00.
There are currently 164.61M shares of CCG outstanding. The market cap of CCG is $312.76M. In the last 24 hours, 2646 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.
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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 5.98x, relative to Insurance Brokers industry P/B ratio of 6.86x
You can access additional valuation analysis on CCG's stock here.
How do CCG Financials look?
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the CCG balance sheet.
- CCG has cash burn of 3800414. It has sufficient cash and short-term investments to cover this for at least one year.
- CCG has $36.63M in cash and short term investments. This is enough to cover its annual cash burn of $3.80M.
- There are more short-term assets than short-term liabilities on the CCG balance sheet.
Negative Health Checks:
- CCG has a relatively high debt to equity ratio of 1.36.
- CCG profit margin has gone down from -10.4% to -27.9% in the past year.
CCG Technicals
Is CCG Making Money?
Last year, CCG revenue was $456.63M. During the past two year, CCG's revenue has gone up by 31.04% per year. This was faster than the Insurance Brokers industry average of 8.49%.
Dig into CCG's earnings and revenue performance here.
Who is buying/selling CCG?
Over the past 12 months, executives and large shareholders at CCG have not bought or sold any shares.
Get more info about who owns CCG shares here.
Does CCG stock generate passive income?
No, Cheche Group doesn't provide an income stream by paying out dividends.
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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 stock at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you need more 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 shares in CCG, you'll want to stay up-to-date on your new shares.
Start a watchlist to keep track of your CCG stock.
CCG Feed
How to Buy Stock in Cheche Group
To reiterate, here are the 6 steps for buying Cheche Group stock:
- 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
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Get Started with eToro TodayIf you would like to keep an eye on your investment in Cheche Group, get started below.
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