CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) Downgraded by Wall Street Zen to Hold

CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Thursday.

CCC Intelligent Solutions Holdings Inc. Common Stock Stock Performance

CCC Intelligent Solutions Holdings Inc. Common Stock stock traded down $0.28 during mid-day trading on Thursday, hitting $5.29. The company’s stock had a trading volume of 1,082,533 shares, compared to its average volume of 12,327,271. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of 49.92 and a beta of 0.71. CCC Intelligent Solutions Holdings Inc. Common Stock has a 1 year low of $4.80 and a 1 year high of $10.50.

About CCC Intelligent Solutions Holdings Inc. Common Stock

CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies, and applications for the property and casualty insurance economy. The company’s SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, AI-enabled digital workflows. It operates in a single segment being Domestic segment, which provides SAAS platform for the P&C insurance economy and derives revenues from providing customers with software subscriptions to the platform in addition to providing professional services and non-software services.