CHURCHILL CAP C/SH (NYSE:CCC) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $17.36 and last traded at $17.22, with a volume of 1467 shares changing hands. The stock had previously closed at $17.08.
A number of analysts have recently issued reports on CCC shares. Zacks Investment Research upgraded CHURCHILL CAP C/SH from a “sell” rating to a “hold” rating in a research report on Monday. B. Riley set a $16.00 price objective on CHURCHILL CAP C/SH and gave the company a “buy” rating in a report on Wednesday, August 7th. William Blair started coverage on CHURCHILL CAP C/SH in a report on Thursday, May 16th. They set an “outperform” rating on the stock. Finally, Citigroup started coverage on CHURCHILL CAP C/SH in a report on Thursday, July 18th. They set a “neutral” rating and a $17.00 price objective on the stock.
The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 2.02. The firm’s fifty day moving average price is $15.83.
CHURCHILL CAP C/SH (NYSE:CCC) last announced its quarterly earnings data on Wednesday, May 15th. The industrial products company reported ($36.00) earnings per share for the quarter. The company had revenue of $234.03 million during the quarter. On average, analysts anticipate that CHURCHILL CAP C/SH will post -0.31 EPS for the current year.
A hedge fund recently bought a new stake in CHURCHILL CAP C/SH stock. Janus Henderson Group PLC bought a new stake in shares of CHURCHILL CAP C/SH (NYSE:CCC) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,131,942 shares of the industrial products company’s stock, valued at approximately $42,093,000. Janus Henderson Group PLC owned 4.54% of CHURCHILL CAP C/SH as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 86.35% of the company’s stock.
CHURCHILL CAP C/SH Company Profile (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.
Further Reading: What are Bollinger Bands?
Receive News & Ratings for CHURCHILL CAP C/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CHURCHILL CAP C/SH and related companies with MarketBeat.com's FREE daily email newsletter.