Clarivate Plc (CCC): Traded shares at $29.48 on Tuesday, August 04

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Clarivate Plc (NYSE:CCC) changes shares on Tuesday trading session, with a change of 2.08% or $0.6 shares. The trading starts at $28.99 and closed at $28.88 throughout the day. The trading session low price was $28.88 and day high was $29.53 on Tuesday, August 04. After the session, the Technology sector daily volume shifted to 1.59 million while its average volume is 1.70M. In other hand, the CCC market cap reached to $11.46B. While, its current target price is $26.40.

On March 1, 2018, BRIEF-Calgon Carbon Q4 Earnings Per Share $0.19. According to the news reported on Reuters, * Q4 EARNINGS PER SHARE $0.19 Source text for Eikon: Further company coverage: (Reuters.Brief@thomsonreuters.com)

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 24.49% and up 28.90% for month. Its quarterly performance was 20.28% above, while its half year performance is up 42.97%. CCC yearly performance stood at positive 88.01% and rise 75.48% for year-to-date. Current recommendation for Clarivate Plc is 1.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CCC EPS (TTM) for 12-month is -0.46. EPS for this year is 30.80%, while for the next year its value is 0.76. Its EPS Q/Q reached 98.60%.

Let’s take a look on the analyst recommendations on CCC for the current month and previous month. For the current month, 6 of 6 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $26.00 – $35.00. Average target price for CCC was reached at $31.40.

Price (T.Rowe) Associates Inc, FMR, LLC and Massachusetts Financial Services Co. are the top three holders in Clarivate Plc (CCC) stock. On Mar 30, 2020, Price (T.Rowe) Associates Inc has 45.64 million shares which valued 946.95 million. On Mar 30, 2020, FMR, LLC owned 30.22 million shares which valued at 627.13 million. On Mar 30, 2020, Massachusetts Financial Services Co. has a total of 19.26 million shares which valued at 399.67 million. In the end, Massachusetts Financial Services Co. have 4.97% shares outstanding of Clarivate Plc (CCC) on Mar 30, 2020. The insider ownership moved to 14.99% and institutional holding shifted to 81.90%.

The company posted an EPS (TTM) of -0.46. According to the most recent quarter report on (Sep 2020), 6 analysts estimated an average EPS of 0.14, while 0.14 EPS posted a year ago period. Analyst Estimated EPS for CCC published in the report was $0.13 – $0.16 during the same period. Comparing with last year, the average estimated EPS was 0.14 which is lower than 0.18 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CCC rise 43.96% for period of 200 days. SMA for 50 days was 27.47% which is showing green signal, while SMA-20 was 22.91%. The moving average value for Clarivate Plc (CCC) is 22.14 and 23.54 for 200 and 50 days respectively.