Shares of CHURCHILL CAP C/SH (NYSE:CCC) saw unusually-strong trading volume on Thursday . Approximately 2,599 shares were traded during trading, a decline of 100% from the previous session’s volume of 630,716 shares.The stock last traded at $17.68 and had previously closed at $17.66.
A number of research analysts have commented on CCC shares. B. Riley set a $16.00 price target on shares of CHURCHILL CAP C/SH and gave the stock a “buy” rating in a research note on Wednesday, August 7th. William Blair started coverage on shares of CHURCHILL CAP C/SH in a research note on Thursday, May 16th. They set an “outperform” rating for the company. Citigroup started coverage on shares of CHURCHILL CAP C/SH in a research note on Thursday, July 18th. They set a “neutral” rating and a $17.00 price target for the company. Finally, Zacks Investment Research upgraded shares of CHURCHILL CAP C/SH from a “sell” rating to a “hold” rating in a research note on Monday, August 12th.
The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.61 and a current ratio of 0.61. The business’s 50 day simple moving average is $16.19 and its 200 day simple moving average is $13.89.
About CHURCHILL CAP C/SH (NYSE:CCC)
Churchill Capital Corp, a blank check company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2018 and is based in New York, New York.
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