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NVDA   444.68 (+2.23%)
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AMD   103.03 (+0.20%)
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MU   68.66 (+0.93%)
CGC   0.76 (-2.40%)
GE   110.42 (-0.12%)
DIS   80.83 (-0.27%)
AMC   8.27 (+3.50%)
PFE   33.13 (-0.12%)
PYPL   58.81 (+0.60%)
NFLX   380.46 (+0.76%)
QQQ   360.06 (+0.50%)
AAPL   173.08 (+1.09%)
MSFT   317.77 (+0.64%)
META   305.09 (+1.63%)
GOOGL   132.94 (+1.59%)
AMZN   128.54 (+1.12%)
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NVDA   444.68 (+2.23%)
NIO   8.75 (-3.21%)
BABA   86.12 (-0.71%)
AMD   103.03 (+0.20%)
T   14.95 (-0.47%)
F   12.31 (-0.89%)
MU   68.66 (+0.93%)
CGC   0.76 (-2.40%)
GE   110.42 (-0.12%)
DIS   80.83 (-0.27%)
AMC   8.27 (+3.50%)
PFE   33.13 (-0.12%)
PYPL   58.81 (+0.60%)
NFLX   380.46 (+0.76%)
QQQ   360.06 (+0.50%)
AAPL   173.08 (+1.09%)
MSFT   317.77 (+0.64%)
META   305.09 (+1.63%)
GOOGL   132.94 (+1.59%)
AMZN   128.54 (+1.12%)
TSLA   246.32 (-1.56%)
NVDA   444.68 (+2.23%)
NIO   8.75 (-3.21%)
BABA   86.12 (-0.71%)
AMD   103.03 (+0.20%)
T   14.95 (-0.47%)
F   12.31 (-0.89%)
MU   68.66 (+0.93%)
CGC   0.76 (-2.40%)
GE   110.42 (-0.12%)
DIS   80.83 (-0.27%)
AMC   8.27 (+3.50%)
PFE   33.13 (-0.12%)
PYPL   58.81 (+0.60%)
NFLX   380.46 (+0.76%)
NYSE:CANG

Cango (CANG) Stock Forecast, Price & News

$1.19
+0.00 (+0.34%)
(As of 09:57 AM ET)
Compare
Today's Range
$1.17
$1.20
50-Day Range
$1.09
$1.41
52-Week Range
$1.01
$2.69
Volume
11,772 shs
Average Volume
64,489 shs
Market Capitalization
$160.40 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

CANG stock logo

About Cango (NYSE:CANG) Stock

Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People's Republic of China. The company offers automobile trading solutions comprising car sourcing, 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; and facilitation of car purchases for car buyers. It also provides automotive financing services that include facilitating financing transactions from financial institutions to 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.

CANG Price History

CANG Stock News Headlines

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Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
Cango Inc. (NYSE:CANG) Q2 2023 Earnings Call Transcript
Cango (CANG) Earnings Dates & Reports
Q2 2023 Cango Inc Earnings Call
Cango (NYSE: CANG)
Q1 2023 Cango Inc Earnings Call
See More Headlines
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CANG Company Calendar

Last Earnings
8/23/2023
Today
10/02/2023
Next Earnings (Estimated)
12/05/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
827
Year Founded
N/A

Profitability

Net Income
$-161,110,000.00
Pretax Margin
-11.35%

Debt

Sales & Book Value

Annual Sales
$287.14 million
Book Value
$4.65 per share

Miscellaneous

Free Float
95,568,000
Market Cap
$159.86 million
Optionable
Not Optionable
Beta
0.91
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Key Executives

  • Mr. Xiaojun Zhang (Age 51)
    Co-Founder & Chairman
  • Mr. Jiayuan Lin (Age 54)
    Co-Founder, CEO & Director
  • Mr. Yongyi Zhang (Age 50)
    CFO & Director













CANG Stock - Frequently Asked Questions

How have CANG shares performed in 2023?

Cango's stock was trading at $1.3080 at the start of the year. Since then, CANG shares have decreased by 9.3% and is now trading at $1.1860.
View the best growth stocks for 2023 here
.

Are investors shorting Cango?

Cango saw a drop in short interest in September. As of September 15th, there was short interest totaling 42,000 shares, a drop of 13.6% from the August 31st total of 48,600 shares. Based on an average daily trading volume, of 68,900 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the company's shares are short sold.
View Cango's Short Interest
.

When is Cango's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
View our CANG earnings forecast
.

How were Cango's earnings last quarter?

Cango Inc. (NYSE:CANG) issued its quarterly earnings data on Wednesday, August, 23rd. The company reported $0.04 earnings per share for the quarter. The business earned $93.15 million during the quarter. Cango had a negative net margin of 27.51% and a negative trailing twelve-month return on equity of 12.74%.

How often does Cango pay dividends? What is the dividend yield for Cango?

Cango declared a -- dividend on Thursday, October 13th. Shareholders of record on Monday, October 24th will be given a dividend of $0.98 per share on Wednesday, November 23rd. The ex-dividend date of this dividend is Friday, November 25th.
Read our dividend analysis for CANG
.

What guidance has Cango issued on next quarter's earnings?

Cango issued an update on its third quarter 2023 earnings guidance on Thursday, August, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $41.37 million-$48.27 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?

(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.

What is Cango's stock symbol?

Cango trades on the New York Stock Exchange (NYSE) under the ticker symbol "CANG."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cango's stock price today?

One share of CANG stock can currently be purchased for approximately $1.19.

How much money does Cango make?

Cango (NYSE:CANG) has a market capitalization of $159.86 million and generates $287.14 million in revenue each year. The company earns $-161,110,000.00 in net income (profit) each year or ($0.61) on an earnings per share basis.

How many employees does Cango have?

The company employs 827 workers across the globe.

How can I contact Cango?

Cango's mailing address is 18F BUILDING 2 YOUYOU CENTURY PLAZA 428 SOUTH YANGGAO ROAD PUDONG NEW AREA, SHANGHAI F4, 200127. The official website for the company is www.cangoonline.com. The company can be reached via phone at 862131835088 or via email at ir@cangoonline.com.

This page (NYSE:CANG) was last updated on 10/2/2023 by MarketBeat.com Staff

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