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NYSE:CANG

Cango (CANG) Stock Price, News & Analysis

Cango logo
$4.76 -0.13 (-2.56%)
Closing price 08/29/2025 03:59 PM Eastern
Extended Trading
$4.80 +0.04 (+0.73%)
As of 08/29/2025 07:34 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Cango Stock (NYSE:CANG)

Key Stats

Today's Range
$4.75
$4.96
50-Day Range
$4.12
$5.36
52-Week Range
$1.40
$9.66
Volume
320,914 shs
Average Volume
445,616 shs
Market Capitalization
$494.51 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00
Consensus Rating
Buy

Company Overview

Cango Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
58th Percentile Overall Score

CANG MarketRank™: 

Cango scored higher than 58% of companies evaluated by MarketBeat, and ranked 350th out of 660 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cango has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Cango has only been the subject of 1 research reports in the past 90 days.

  • Read more about Cango's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cango is -238.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cango is -238.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Cango has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Cango's valuation and earnings.
  • Percentage of Shares Shorted

    1.92% of the float of Cango has been sold short.
  • Short Interest Ratio / Days to Cover

    Cango has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cango has recently decreased by 11.76%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Cango does not currently pay a dividend.

  • Dividend Growth

    Cango does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.92% of the float of Cango has been sold short.
  • Short Interest Ratio / Days to Cover

    Cango has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cango has recently decreased by 11.76%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Cango has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.95 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Cango this week, compared to 3 articles on an average week.
  • Search Interest

    Only 2 people have searched for CANG on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cango insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    29.10% of the stock of Cango is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 4.22% of the stock of Cango is held by institutions.

  • Read more about Cango's insider trading history.
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CANG Stock News Headlines

CleanSpark hints at AI-pivot under new leadership: podcast
The End of Elon Musk…?
The End of Elon Musk? Don't make him laugh. Jeff Brown has been hearing this same tired story for years, and he's been proven right time and time again. And now, while the media focuses on Tesla's "demise," he's uncovered an AI breakthrough that's about to make Elon's doubters eat their words yet again. According to his research, if you listen to the media and miss out on Elon's newest breakthrough, it's going to cost you the fortune of a lifetime.tc pixel
See More Headlines

CANG Stock Analysis - Frequently Asked Questions

Cango's stock was trading at $4.40 at the start of the year. Since then, CANG stock has increased by 8.3% and is now trading at $4.7650.

Cango Inc. Sponsored ADR (NYSE:CANG) announced its earnings results on Thursday, March, 6th. The company reported $0.07 EPS for the quarter. The business had revenue of $91.52 million for the quarter. Cango had a trailing twelve-month return on equity of 0.11% and a net margin of 0.24%.
Read the conference call transcript
.

Cango's board initiated a stock buyback plan on Thursday, March 13th 2025, which authorizes the company to buy back $0 in shares, according to EventVestor. This authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its stock is undervalued.

Cango (CANG) raised $138 million in an initial public offering on Thursday, July 26th 2018. The company issued 12,500,000 shares at $10.00-$12.00 per share. Morgan Stanley, BofA Merrill Lynch and Goldman Sachs (Asia) acted as the underwriters for the IPO.

Top institutional investors of Cango include Jump Financial LLC (0.05%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cango investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), PayPal (PYPL) and Arista Networks (ANET).

Company Calendar

Last Earnings
3/06/2025
Today
8/30/2025
Next Earnings (Estimated)
9/04/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
INTERNET SERVICES
Sub-Industry
Computer Software
Current Symbol
NYSE:CANG
CIK
1725123
Fax
N/A
Employees
2,350
Year Founded
2010

Price Target and Rating

High Price Target
$8.00
Low Price Target
$8.00
Potential Upside/Downside
+67.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.02)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$41.07 million
Net Margins
0.24%
Pretax Margin
-0.41%
Return on Equity
0.11%
Return on Assets
0.08%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.41
Quick Ratio
1.41

Sales & Book Value

Annual Sales
$110.21 million
Price / Sales
4.49
Cash Flow
$0.51 per share
Price / Cash Flow
9.36
Book Value
$5.39 per share
Price / Book
0.88

Miscellaneous

Outstanding Shares
103,780,000
Free Float
73,582,000
Market Cap
$494.51 million
Optionable
Not Optionable
Beta
0.74
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This page (NYSE:CANG) was last updated on 8/30/2025 by MarketBeat.com Staff
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