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NVDA   397.36 (+5.03%)
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AMD   119.96 (+1.48%)
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F   12.09 (+0.75%)
MU   69.15 (+1.39%)
CGC   0.83 (-0.35%)
GE   104.40 (+2.83%)
DIS   88.54 (+0.66%)
AMC   4.51 (+0.22%)
PFE   37.96 (-0.16%)
PYPL   62.98 (+1.60%)
NFLX   402.45 (+1.83%)
QQQ   351.70 (+1.07%)
AAPL   179.61 (+1.33%)
MSFT   332.23 (+1.17%)
META   271.64 (+2.61%)
GOOGL   123.30 (+0.35%)
AMZN   122.52 (+1.61%)
TSLA   207.50 (+1.75%)
NVDA   397.36 (+5.03%)
NIO   7.52 (-0.13%)
BABA   83.01 (+4.35%)
AMD   119.96 (+1.48%)
T   15.82 (+0.57%)
F   12.09 (+0.75%)
MU   69.15 (+1.39%)
CGC   0.83 (-0.35%)
GE   104.40 (+2.83%)
DIS   88.54 (+0.66%)
AMC   4.51 (+0.22%)
PFE   37.96 (-0.16%)
PYPL   62.98 (+1.60%)
NFLX   402.45 (+1.83%)
QQQ   351.70 (+1.07%)
AAPL   179.61 (+1.33%)
MSFT   332.23 (+1.17%)
META   271.64 (+2.61%)
GOOGL   123.30 (+0.35%)
AMZN   122.52 (+1.61%)
TSLA   207.50 (+1.75%)
NVDA   397.36 (+5.03%)
NIO   7.52 (-0.13%)
BABA   83.01 (+4.35%)
AMD   119.96 (+1.48%)
T   15.82 (+0.57%)
F   12.09 (+0.75%)
MU   69.15 (+1.39%)
CGC   0.83 (-0.35%)
GE   104.40 (+2.83%)
DIS   88.54 (+0.66%)
AMC   4.51 (+0.22%)
PFE   37.96 (-0.16%)
PYPL   62.98 (+1.60%)
NFLX   402.45 (+1.83%)
NYSE:CANG

Cango (CANG) Stock Forecast, Price & News

$1.17
0.00 (0.00%)
(As of 03:50 PM ET)
Compare
Today's Range
$1.14
$1.18
50-Day Range
$1.06
$1.19
52-Week Range
$1.01
$3.38
Volume
25,603 shs
Average Volume
62,893 shs
Market Capitalization
$163.50 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

CANG stock logo

About Cango (NYSE:CANG) Stock

Cango, Inc. is a holding company, which engages in the development and operation of automotive transaction service platform for connecting dealers, financial institutions, and car buyers. The firm's services cover each key component of the automotive transaction value chain, including pre-sale automobile trading solutions, during-sale automotive financing facilitation services, and post-sale after-market services facilitation. The company was founded by Jia Yuan Lin and Xiao Jun Zhang in August 2010 and is headquartered in Shanghai, China.

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CANG Stock News Headlines

Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Cango Adopts New $50M Share Buyback Program
Cango Inc. Announces New Share Repurchase Program
ChatGPT Is Already "Old School"
As good as ChatGPT is at writing content, it still doesn't understand what it's saying. But a new AI technology breakthrough will understand and process information like a human. One young company is leading the way.
Q4 2022 Cango Inc Earnings Call
SA’s hidden tourism gems
Cango Inc. (NYSE:CANG) Q3 2022 Earnings Call Transcript
Earnings Preview: Cango
Form 6-K Cango Inc. For: Oct 19 - StreetInsider.com
Cango Inc. Announces Ex-dividend Date - PR Newswire
Cango Inc. Announces Ex-dividend Date
See More Headlines

CANG Price History

CANG Company Calendar

Last Earnings
3/09/2023
Today
6/01/2023
Next Earnings (Estimated)
6/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
2,351
Year Founded
N/A

Profitability

Net Income
$-161,110,000.00
Pretax Margin
-44.16%

Debt

Sales & Book Value

Annual Sales
$287.14 million
Book Value
$4.48 per share

Miscellaneous

Free Float
99,078,000
Market Cap
$163.50 million
Optionable
Not Optionable
Beta
0.89

Key Executives

  • Jia Yuan Lin
    Chief Executive Officer & Director
  • Yong Yi Zhang
    Chief Financial Officer & Director
  • Yihe Liu
    Investor Relations Contact













CANG Stock - Frequently Asked Questions

How have CANG shares performed in 2023?

Cango's stock was trading at $1.3080 at the beginning of the year. Since then, CANG stock has decreased by 10.6% and is now trading at $1.17.
View the best growth stocks for 2023 here
.

When is Cango's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 8th 2023.
View our CANG earnings forecast
.

How were Cango's earnings last quarter?

Cango Inc. (NYSE:CANG) released its quarterly earnings results on Thursday, March, 9th. The company reported ($0.60) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by $0.46. The business had revenue of $70.63 million for the quarter, compared to analyst estimates of $70.69 million. Cango had a negative trailing twelve-month return on equity of 19.18% and a negative net margin of 55.13%.

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

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

What ETF holds Cango's stock ?

Amplify Emerging Markets FinTech ETF holds 17,040 shares of CANG stock, representing 1.46% of its portfolio.

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

Cango updated its first quarter 2023 earnings guidance on Thursday, March, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $65.24 million-$72.49 million, compared to the consensus revenue estimate of $80.42 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 (IPO) 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) served 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."

Who are Cango's major shareholders?

Cango's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (0.04%) and Waverly Advisors LLC (0.02%).

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 $1.17.

How much money does Cango make?

Cango (NYSE:CANG) has a market capitalization of $163.50 million and generates $287.14 million in revenue each year. The company earns $-161,110,000.00 in net income (profit) each year or ($1.19) on an earnings per share basis.

How many employees does Cango have?

The company employs 2,351 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 6/1/2023 by MarketBeat.com Staff

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