NYSE:CANG Cango (CANG) Stock Forecast, Price & News $1.19 +0.00 (+0.34%) (As of 09:57 AM ET) Add Compare Share Share Today's Range$1.17▼$1.2050-Day Range$1.09▼$1.4152-Week Range$1.01▼$2.69Volume11,772 shsAverage Volume64,489 shsMarket Capitalization$160.40 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Cango (NYSE:CANG) StockCango 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.Read More CANG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CANG Stock News HeadlinesSeptember 28, 2023 | msn.comSchool learners and adults stranded at Cango Mountain Resort by Cape storm rescuedSeptember 27, 2023 | msn.comLearners, adults trapped in Cango Mountain Resort amid Western Cape storm finally leaveOctober 2, 2023 | Edge On The Street (Ad)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. September 27, 2023 | msn.comWhy The Massive Cango Caves Are One Of The Most Popular Attractions In South AfricaSeptember 27, 2023 | msn.comStormy School Trip Takes Adventurous TurnSeptember 26, 2023 | msn.comCape Storm: Emergency helicopter dispatched to rescue school group stranded at Cango Mountain ResortSeptember 22, 2023 | benzinga.comTuhu Car IPO Gets Off To Slow Start Despite Star PowerSeptember 19, 2023 | msn.comWhy The Garden Route Is Considered The Most Scenic Road Trip In South AfricaOctober 2, 2023 | Edge On The Street (Ad)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. August 31, 2023 | benzinga.comCango Zooms In Second Quarter, But Sees Bumpy Road AheadAugust 28, 2023 | msn.comMeet the rare animals born without their iconic patternsAugust 25, 2023 | finance.yahoo.comCango Inc. (NYSE:CANG) Q2 2023 Earnings Call TranscriptAugust 24, 2023 | investing.comCango (CANG) Earnings Dates & ReportsAugust 24, 2023 | msn.comFive things to do along the famous Route 62August 24, 2023 | finance.yahoo.comQ2 2023 Cango Inc Earnings CallAugust 23, 2023 | msn.comCango Non-GAAP EPADS of -$0.05, revenue of $93.15MAugust 23, 2023 | finance.yahoo.comCango Inc. Reports Second Quarter 2023 Unaudited Financial ResultsAugust 18, 2023 | finance.yahoo.comCango Inc. to Report Second Quarter 2023 Financial Results on August 23, 2023 Eastern TimeJuly 31, 2023 | msn.comWestern Cape Economic Development and Tourism On Tourist Arrivals to Cape Town in 2023 [press release]July 19, 2023 | msn.comEuropean heat wave breaking records with little relief in sightJune 15, 2023 | msn.comCango Faces Weak Chinese Economy Amid Auto Industry ChallengesJune 13, 2023 | msn.comCango Drives Back To Profits As New Business Model Gains TractionJune 12, 2023 | fool.comCango (NYSE: CANG)June 10, 2023 | finance.yahoo.comCango Inc. (NYSE:CANG) Q1 2023 Earnings Call TranscriptJune 10, 2023 | seekingalpha.comCango Non-GAAP EPADS of $0.10, revenue of $79.01M in-lineJune 9, 2023 | finance.yahoo.comQ1 2023 Cango Inc Earnings CallJune 8, 2023 | finance.yahoo.comCango Inc. Reports First Quarter 2023 Unaudited Financial ResultsSee 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 CANG Company Calendar Last Earnings8/23/2023Today10/02/2023Next Earnings (Estimated)12/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:CANG CUSIPN/A CIK1725123 Webwww.cangoonline.com Phone862131835088FaxN/AEmployees827Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.61) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-161,110,000.00 Net Margins-27.51% Pretax Margin-11.35% Return on Equity-12.74% Return on Assets-8.38% Debt Debt-to-Equity RatioN/A Current Ratio2.84 Quick Ratio2.84 Sales & Book Value Annual Sales$287.14 million Price / Sales0.56 Cash FlowN/A Price / Cash FlowN/A Book Value$4.65 per share Price / Book0.26Miscellaneous Outstanding Shares134,790,000Free Float95,568,000Market Cap$159.86 million OptionableNot Optionable Beta0.91 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Xiaojun Zhang (Age 51)Co-Founder & Chairman Mr. Jiayuan Lin (Age 54)Co-Founder, CEO & Director Mr. Yongyi Zhang (Age 50)CFO & Director Key CompetitorsInnovidNYSE:CTVMiX TelematicsNYSE:MIXTUpland SoftwareNASDAQ:UPLD2UNASDAQ:TWOUeGainNASDAQ:EGANView All CompetitorsInstitutional OwnershipCitadel Advisors LLCSold 93,978 shares on 8/15/2023Ownership: 0.030%View All Institutional Transactions 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 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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