NYSE:CANG Cango (CANG) Stock Price, News & Analysis → **Breaking News** LIttle Known Biotech Company Does $41 Million In Q1! (From Huge Alerts) (Ad) Free CANG Stock Alerts $1.56 -0.04 (-2.50%) (As of 04:10 PM ET) Add Compare Share Share Today's Range$1.51▼$1.6350-Day Range$1.34▼$1.6452-Week Range$0.92▼$1.88Volume38,331 shsAverage Volume59,815 shsMarket Capitalization$169.92 millionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestSocial Media Get Cango alerts: Email Address Ad Huge Alerts**Breaking News** LIttle Known Biotech Company Does $41 Million In Q1! Learn more about why Zack’s has increased its price target on this company to a whopping $23.25!Click for Zack's full report About Cango Stock (NYSE:CANG)Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturers, financial institutions, car buyers, insurance brokers, and companies in the People's Republic of China. The company offers automobile trading solutions comprising car sourcing, transaction facilitation, logistics, and warehousing support for dealers through Cango Haoche app that offers new car transaction services, and Cango U-Car app that offers used-car transaction services. It also provides automotive financing facilitation services that include facilitating financing transactions from financial institutions to car buyers, which comprises credit origination, credit assessment, credit servicing, and delinquent asset management services; facilitating financing transactions of car purchases for car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.Read More CANG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CANG Stock News HeadlinesMay 22 at 3:25 AM | msn.comAmericans involved in foiled deadly coup, DR Congo military saysMay 21 at 12:21 PM | finance.yahoo.comInvestors in Cango (NYSE:CANG) have unfortunately lost 32% over the last three yearsMay 11, 2024 | msn.comAll Fast Travel Locations in Little Kitty, Big CityApril 26, 2024 | prnewswire.comCango Inc. Filed Its Annual Report on Form 20-FApril 24, 2024 | finance.yahoo.comCango Inc.'s (NYSE:CANG) largest shareholders are retail investors with 51% ownership, insiders own 28%April 23, 2024 | prnewswire.comCango Inc. Announces Up to US$50 Million New Share Repurchase ProgramApril 16, 2024 | msn.comFive amazing places to see in South AfricaApril 11, 2024 | finance.yahoo.comCANGO Mobility and MiTAC Announce Collaboration to Transform Fleet Management with Integrated Video Telematics and CANbus Data InsightApril 4, 2024 | msn.comFinancial, Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday TradingApril 3, 2024 | msn.com4 places where you can enjoy autumn in MzansiMarch 19, 2024 | msn.comNiger gov plans partnership with China on railway networkMarch 14, 2024 | ca.finance.yahoo.comBitcoin Sells Off 3%; Is Macro Risk Returning to Market?March 14, 2024 | finance.yahoo.comCango Full Year 2023 Earnings: CN¥0.31 loss per share (vs CN¥8.11 loss in FY 2022)March 13, 2024 | finance.yahoo.comCango's (NYSE:CANG) Returns On Capital Tell Us There Is Reason To Feel UneasyMarch 12, 2024 | finance.yahoo.comQ4 2023 Cango Inc Earnings CallMarch 12, 2024 | finance.yahoo.comCango Inc. (NYSE:CANG) Q4 2023 Earnings Call TranscriptMarch 11, 2024 | finance.yahoo.comCango Inc. Reports Fourth Quarter and Full Year 2023 Unaudited Financial ResultsMarch 11, 2024 | prnewswire.comCango Inc. Reports Fourth Quarter and Full Year 2023 Unaudited Financial ResultsMarch 5, 2024 | finance.yahoo.comCango Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on March 11, 2024 Eastern TimeFebruary 27, 2024 | benzinga.comCarvana Stock (NYSE:CVNA), Quotes and News SummaryFebruary 11, 2024 | forbes.com7 Anti-Valentine’s Cocktails For Those Who Are Not Feeling The RomanceFebruary 8, 2024 | au.finance.yahoo.comQ2 2024 Kennametal Inc Earnings CallJanuary 28, 2024 | bbc.co.ukAfcon 2023: Egypt 1-1 DR Congo (aet, 7-8 on pens) - Mpasi the last-16 hero for LeopardsJanuary 28, 2024 | ca.sports.yahoo.comHow to watch Egypt vs DR Congo: TV channel and live stream for AFCON game todayJanuary 26, 2024 | msn.comJordan Pope hits 3-pointer at buzzer, Oregon State beats No. 9 Arizona 83-80See More Headlines Receive CANG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cango and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/11/2024Today5/23/2024Next Earnings (Estimated)6/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNYSE:CANG CUSIPN/A CIK1725123 Webwww.cangoonline.com Phone862131835088FaxN/AEmployees632Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.07) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-5,330,000.00 Net Margins-2.04% Pretax Margin3.27% Return on Equity-0.88% Return on Assets-0.63% Debt Debt-to-Equity RatioN/A Current Ratio4.99 Quick Ratio4.99 Sales & Book Value Annual Sales$239.71 million Price / Sales0.71 Cash FlowN/A Price / Cash FlowN/A Book Value$4.94 per share Price / Book0.32Miscellaneous Outstanding Shares108,920,000Free Float77,223,000Market Cap$169.92 million OptionableNot Optionable Beta0.86 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Xiaojun Zhang (Age 52)Co-Founder & Chairman of the Board Mr. Jiayuan Lin (Age 55)Co-Founder, CEO & Director Mr. Yongyi Zhang (Age 51)CFO & Director Key CompetitorsKalturaNASDAQ:KLTRCheetah MobileNYSE:CMCMCerenceNASDAQ:CRNCeGainNASDAQ:EGANXunleiNASDAQ:XNETView All Competitors CANG Stock Analysis - Frequently Asked Questions How have CANG shares performed in 2024? Cango's stock was trading at $1.02 at the beginning of 2024. Since then, CANG stock has increased by 52.9% and is now trading at $1.56. View the best growth stocks for 2024 here. Are investors shorting Cango? Cango saw a increase in short interest in April. As of April 30th, there was short interest totaling 84,800 shares, an increase of 163.4% from the April 15th total of 32,200 shares. Based on an average daily volume of 64,000 shares, the short-interest ratio is presently 1.3 days. Approximately 0.1% of the company's shares are sold short. View Cango's Short Interest. When is Cango's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024. View our CANG earnings forecast. How were Cango's earnings last quarter? Cango Inc. (NYSE:CANG) announced its quarterly earnings results on Monday, March, 11th. The company reported ($0.13) earnings per share (EPS) for the quarter. The firm earned $18.34 million during the quarter. Cango had a negative net margin of 2.04% and a negative trailing twelve-month return on equity of 0.88%. What guidance has Cango issued on next quarter's earnings? Cango issued an update on its first quarter 2024 earnings guidance on Tuesday, March, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $7.0 million-$14.1 million. What other stocks do shareholders of Cango own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cango investors own include Gilead Sciences (GILD), BCE (BCE), Altria Group (MO), Algonquin Power & Utilities (AQN), Cinemark (CNK), GSK (GSK), International Business Machines (IBM), Marathon Petroleum (MPC), NVIDIA (NVDA) and Pfizer (PFE). When did Cango IPO? Cango (CANG) raised $138 million in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 12,500,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley, BofA Merrill Lynch and Goldman Sachs (Asia) served as the underwriters for the IPO. How do I buy shares of Cango? Shares of CANG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CANG) was last updated on 5/23/2024 by MarketBeat.com Staff From Our PartnersThis could mean the end of the U.S dollar…Colonial MetalsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaThe Presidential candidate you should REALLY be worried aboutStansberry ResearchWrite this ticker symbol down…StocksToTrade**Breaking News** LIttle Known Biotech Company Does $41 Million In Q1! Huge AlertsThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarThis military-backed stock “owns” AI marketPorter & CompanyU.S. Drone Company Receives DoD CertificationThe Tomorrow Investor Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cango Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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