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BABA   186.55 (+0.57%)
T   39.34 (-0.41%)
ACB   2.48 (-9.16%)
F   8.95 (+0.00%)
PRI   130.39 (-0.18%)
BAC   32.87 (-0.18%)
DIS   147.80 (+2.16%)
S&P 500   3,116.73 (-0.12%)
DOW   27,991.22 (-0.05%)
QQQ   202.35 (-0.28%)
CGC   14.68 (-4.24%)
BABA   186.55 (+0.57%)
T   39.34 (-0.41%)
ACB   2.48 (-9.16%)
F   8.95 (+0.00%)
PRI   130.39 (-0.18%)
BAC   32.87 (-0.18%)
DIS   147.80 (+2.16%)
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Cango Stock Price, Forecast & Analysis (NYSE:CANG)

$6.13
-0.69 (-10.12 %)
(As of 11/18/2019 11:06 AM ET)
Today's Range
$5.64
Now: $6.13
$6.47
50-Day Range
$4.52
MA: $5.35
$6.87
52-Week Range
$4.52
Now: $6.13
$10.20
Volume2,751 shs
Average Volume11,789 shs
Market Capitalization$927.58 million
P/E Ratio19.76
Dividend YieldN/A
Beta1.73
Cango Inc. operates an automotive transaction service platform that connects dealers, financial institutions, car buyers, and other industry participants in the People's Republic of China. It facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; automotive transactions between automotive wholesalers, dealers, and car buyers; and after-market services to car buyers. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
CIKN/A
Phone86-21-3183-5088

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$158.74 million
Cash Flow$0.27 per share
Book Value$5.05 per share

Profitability

Net Income$44.03 million

Miscellaneous

Employees3,327
Market Cap$927.58 million
Next Earnings Date3/25/2020 (Estimated)
OptionableNot Optionable

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Cango (NYSE:CANG) Frequently Asked Questions

What is Cango's stock symbol?

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

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

Cango announced a special dividend on Wednesday, April 24th. Shareholders of record on Friday, May 10th will be given a dividend of $0.125 per share on Tuesday, May 28th. The ex-dividend date of this dividend is Thursday, May 9th. View Cango's Dividend History.

How were Cango's earnings last quarter?

Cango Inc - (NYSE:CANG) announced its quarterly earnings data on Tuesday, September, 3rd. The company reported $0.09 earnings per share (EPS) for the quarter. The firm earned $48.99 million during the quarter. Cango had a net margin of 24.94% and a return on equity of 6.39%. View Cango's Earnings History.

When is Cango's next earnings date?

Cango is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for Cango.

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

Cango issued an update on its third quarter 2019 earnings guidance on Tuesday, September, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $42-45.5 million, compared to the consensus revenue estimate of $60.27 million.

Has Cango been receiving favorable news coverage?

Headlines about CANG stock have been trending very negative recently, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cango earned a news impact score of -3.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Cango.

Are investors shorting Cango?

Cango saw a increase in short interest in October. As of October 15th, there was short interest totalling 8,100 shares, an increase of 8.0% from the September 15th total of 7,500 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is presently 3.5 days. Currently, 0.0% of the company's shares are sold short. View Cango's Current Options Chain.

Who are some of Cango's key competitors?

What other stocks do shareholders of Cango own?

Who are Cango's key executives?

Cango's management team includes the folowing people:
  • Mr. Xiaojun Zhang, Co-Founder & Chairman (Age 47)
  • Mr. Jiayuan Lin, Co-Founder, CEO & Director (Age 49)
  • Mr. Yongyi Zhang, CFO & Director (Age 46)
  • Ms. Caroline Li, IR Director
  • Ms. Yun Ye, Head of Legal Division & Director (Age 41)

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 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 can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Cango's stock price today?

One share of CANG stock can currently be purchased for approximately $6.18.

How big of a company is Cango?

Cango has a market capitalization of $935.47 million and generates $158.74 million in revenue each year. The company earns $44.03 million in net income (profit) each year or $0.31 on an earnings per share basis. Cango employs 3,327 workers across the globe.View Additional Information About Cango.

What is Cango's official website?

The official website for Cango is http://www.cangoonline.com/.

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 company can be reached via phone at 86-21-3183-5088 or via email at [email protected]


MarketBeat Community Rating for Cango (NYSE CANG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  65 (Vote Outperform)
Underperform Votes:  77 (Vote Underperform)
Total Votes:  142
MarketBeat's community ratings are surveys of what our community members think about Cango and other stocks. Vote "Outperform" if you believe CANG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CANG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2019 by MarketBeat.com Staff

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