Weiss Ratings Reiterates "Sell (D)" Rating for CCC Intelligent Solutions (NASDAQ:CCCS)

Key Points

• Weiss Ratings has reiterated a "Sell (D)" rating for CCC Intelligent Solutions (NASDAQ:CCCS), indicating a negative outlook on the stock.
• Separately, Wall Street Zen downgraded CCC Intelligent Solutions from a "buy" to a "hold" rating, contributing to an overall average rating of "Sell."
• The stock recently traded at $9.36 with a market capitalization of $6.10 billion and notable metrics such as a PE ratio of 71.39.

CCC Intelligent Solutions (NASDAQ:CCCS - Get Free Report)'s stock had its "sell (d)" rating reissued by equities researchers at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen downgraded shares of CCC Intelligent Solutions from a "buy" rating to a "hold" rating in a research report on Sunday, September 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of "Sell".

CCC Intelligent Solutions Stock Up 0.9%

Shares of NASDAQ:CCCS traded up $0.08 during mid-day trading on Wednesday, hitting $9.36. The stock had a trading volume of 5,448,839 shares, compared to its average volume of 5,342,159. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.38 and a current ratio of 1.38. The company has a market cap of $6.10 billion, a PE ratio of 71.39, a price-to-earnings-growth ratio of 11.14 and a beta of 0.72. CCC Intelligent Solutions has a 12-month low of $8.14 and a 12-month high of $12.88.

CCC Intelligent Solutions Company Profile

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.

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