Code Chain Stock Today

CCNC -  USA Stock  

USD 0.63  0.01  1.61%

Market Performance
0 of 100
Odds Of Distress
Less than 48
Code Chain is trading at 0.63 as of the 24th of May 2022, a 1.61 percent up since the beginning of the trading day. The stock's open price was 0.62. Code Chain has 48 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Code Chain New are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2022 and ending today, the 24th of May 2022. Please note, there could be an existing legal relationship between Code Chain New (CCNC) and CODE CHAIN NEW (WYIGW). Click here to learn more.
Code Chain New Continent Limited, through its subsidiaries, focuses on research, development, and application of Internet of Things and electronic token digital door signs. It creates digital door signs which is the digitalization of a physical store by means of animation and other technical services and offers electronic tokens, that are used for purchasing virtual real estate properties. The company has 46.08 M outstanding shares of which 139.86 K shares are currently shorted by private and institutional investors with about 1.58 trading days to cover. More on Code Chain New

Code Chain Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Code Chain's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Code Chain or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Code Chain New generated a negative expected return over the last 90 days
Code Chain New has some characteristics of a very speculative penny stock
Code Chain New has high historical volatility and very poor performance
The company currently holds 22.08 K in liabilities. Code Chain New has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Code Chain until it has trouble settling it off, either with new capital or with free cash flow. So, Code Chain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Code Chain New sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Code Chain to invest in growth at high rates of return. When we think about Code Chain's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 25.03 M. Net Loss for the year was (15.82 M) with profit before overhead, payroll, taxes, and interest of 8.25 M.
Code Chain New currently holds about 14.59 M in cash with (5.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Code Chain New has a poor financial position based on the latest SEC disclosures
Roughly 47.0% of the company shares are held by company insiders
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Code Chain Fama & French Wholesale
Wholesale
Fama & French Classification
Code Chain New SEC Filings
Code Chain SEC Filings Security & Exchange Commission EDGAR Reports
Related EntityWYIGW (CODE CHAIN NEW)
Thematic Classification
Currently Active Investing Idea (view all)
Wholesale
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Code Chain New based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Code Chain New financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 4 - PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares34.1 M39.7 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted34.1 M39.7 M
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations(5.7 M)(5.5 M)
Fairly Down
Decreasing
Slightly volatile
Total Assets42.7 M50.5 M
Fairly Down
Decreasing
Slightly volatile
Total Liabilities17.7 M18.5 M
Sufficiently Down
Decreasing
Slightly volatile
Current Assets14.9 M15.9 M
Notably Down
Increasing
Slightly volatile
Current Liabilities16.7 M18.4 M
Moderately Down
Increasing
Slightly volatile
Total Debt22.7 K22.1 K
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets(0.61)(0.598)
Fairly Down
Decreasing
Slightly volatile
Gross Margin0.410.33
Fairly Up
Decreasing
Stable
Asset Turnover0.460.555
Significantly Down
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Code Chain's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Code Chain's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Code Chain's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Code Chain's financial leverage. It provides some insight into what part of Code Chain's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Code Chain's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Code Chain deploys its capital and how much of that capital is borrowed.
Liquidity
Code Chain cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 22.08 K in liabilities. Code Chain New has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Code Chain until it has trouble settling it off, either with new capital or with free cash flow. So, Code Chain's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Code Chain New sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Code Chain to invest in growth at high rates of return. When we think about Code Chain's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(5.66 Million)Share
Code Chain New (CCNC) is traded on NASDAQ Exchange in USA. It is located in No 119 South Zhaojuesi Road and employs 56 people. Code Chain is listed under Wholesale category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with current market capitalization of 30.09 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Code Chain's market, we take the total number of its shares issued and multiply it by Code Chain's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Code Chain New conducts business under Communication Services sector and is part of Electronic Gaming & Multimedia industry. The entity has 46.08 M outstanding shares of which 139.86 K shares are currently shorted by private and institutional investors with about 1.58 trading days to cover. Code Chain New currently holds about 14.59 M in cash with (5.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Check Code Chain Probability Of Bankruptcy
Ownership
Code Chain New retains a total of 46.08 Million outstanding shares. Code Chain New retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check Code Chain Ownership Details

Code Chain Stock Price Odds Analysis

What are Code Chain's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Code Chain jumping above the current price in 90 days from now is roughly 97.0%. The Code Chain New probability density function shows the probability of Code Chain stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1538 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Code Chain will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Code Chain New is significantly underperforming DOW.
  Odds Below 0.63HorizonTargetOdds Above 0.63
3.43%90 days
 0.63 
96.55%
Based on a normal probability distribution, the odds of Code Chain to move above the current price in 90 days from now is roughly 97.0 (This Code Chain New probability density function shows the probability of Code Chain Stock to fall within a particular range of prices over 90 days) .

Code Chain Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Code Chain that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Code Chain's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Code Chain's value.
InstituionSecurity TypeTotal SharesValue
Susquehanna Fundamental Investments LlcCommon Shares113.5 K102 K
Citadel Advisors LlcCommon Shares67.3 K61 K
View Code Chain Diagnostics

Code Chain Historical Income Statement

Code Chain New Income Statement is one of the three primary financial statements used for reporting Code Chain's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Code Chain New revenue and expense. Code Chain Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Code Chain Interest Expense is projected to decrease significantly based on the last few years of reporting. The past year's Interest Expense was at 86.40. The current year Operating Expenses is expected to grow to about 24.7 M, whereas Consolidated Income is forecasted to decline to (27.7 M). View More Fundamentals

Code Chain Stock Against Markets

Picking the right benchmark for Code Chain stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Code Chain stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Code Chain is critical whether you are bullish or bearish towards Code Chain New at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Code Chain without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing Code Chain New

You need to understand the risk of investing before taking a position in Code Chain. The danger of trading Code Chain New is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Code Chain is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Code Chain. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Code Chain New is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Code Chain New information on this page should be used as a complementary analysis to other Code Chain's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Code Chain New price analysis, check to measure Code Chain's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Code Chain is operating at the current time. Most of Code Chain's value examination focuses on studying past and present price action to predict the probability of Code Chain's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Code Chain's price. Additionally, you may evaluate how the addition of Code Chain to your portfolios can decrease your overall portfolio volatility.
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Is Code Chain's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Code Chain. If investors know Code Chain will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Code Chain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Code Chain New is measured differently than its book value, which is the value of Code Chain that is recorded on the company's balance sheet. Investors also form their own opinion of Code Chain's value that differs from its market value or its book value, called intrinsic value, which is Code Chain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Code Chain's market value can be influenced by many factors that don't directly affect Code Chain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Code Chain's value and its price as these two are different measures arrived at by different means. Investors typically determine Code Chain value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Code Chain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.