×
S&P 500   3,778.24 (-0.19%)
DOW   30,709.13 (-0.22%)
QQQ   278.59 (-0.60%)
AAPL   136.81 (+0.07%)
MSFT   256.10 (-0.28%)
META   156.52 (-2.93%)
GOOGL   2,147.35 (-1.46%)
AMZN   108.02 (+1.70%)
TSLA   673.33 (-0.01%)
NVDA   145.97 (-3.71%)
NIO   21.07 (-2.99%)
BABA   114.91 (+1.08%)
AMD   73.49 (-3.90%)
MU   52.36 (-5.28%)
CGC   2.83 (-0.70%)
T   21.02 (+0.29%)
GE   62.71 (-1.51%)
F   11.17 (+0.36%)
DIS   94.83 (+0.46%)
AMC   13.51 (-0.30%)
PFE   51.64 (-1.51%)
PYPL   69.95 (+0.16%)
NFLX   176.20 (+0.76%)
S&P 500   3,778.24 (-0.19%)
DOW   30,709.13 (-0.22%)
QQQ   278.59 (-0.60%)
AAPL   136.81 (+0.07%)
MSFT   256.10 (-0.28%)
META   156.52 (-2.93%)
GOOGL   2,147.35 (-1.46%)
AMZN   108.02 (+1.70%)
TSLA   673.33 (-0.01%)
NVDA   145.97 (-3.71%)
NIO   21.07 (-2.99%)
BABA   114.91 (+1.08%)
AMD   73.49 (-3.90%)
MU   52.36 (-5.28%)
CGC   2.83 (-0.70%)
T   21.02 (+0.29%)
GE   62.71 (-1.51%)
F   11.17 (+0.36%)
DIS   94.83 (+0.46%)
AMC   13.51 (-0.30%)
PFE   51.64 (-1.51%)
PYPL   69.95 (+0.16%)
NFLX   176.20 (+0.76%)
S&P 500   3,778.24 (-0.19%)
DOW   30,709.13 (-0.22%)
QQQ   278.59 (-0.60%)
AAPL   136.81 (+0.07%)
MSFT   256.10 (-0.28%)
META   156.52 (-2.93%)
GOOGL   2,147.35 (-1.46%)
AMZN   108.02 (+1.70%)
TSLA   673.33 (-0.01%)
NVDA   145.97 (-3.71%)
NIO   21.07 (-2.99%)
BABA   114.91 (+1.08%)
AMD   73.49 (-3.90%)
MU   52.36 (-5.28%)
CGC   2.83 (-0.70%)
T   21.02 (+0.29%)
GE   62.71 (-1.51%)
F   11.17 (+0.36%)
DIS   94.83 (+0.46%)
AMC   13.51 (-0.30%)
PFE   51.64 (-1.51%)
PYPL   69.95 (+0.16%)
NFLX   176.20 (+0.76%)
S&P 500   3,778.24 (-0.19%)
DOW   30,709.13 (-0.22%)
QQQ   278.59 (-0.60%)
AAPL   136.81 (+0.07%)
MSFT   256.10 (-0.28%)
META   156.52 (-2.93%)
GOOGL   2,147.35 (-1.46%)
AMZN   108.02 (+1.70%)
TSLA   673.33 (-0.01%)
NVDA   145.97 (-3.71%)
NIO   21.07 (-2.99%)
BABA   114.91 (+1.08%)
AMD   73.49 (-3.90%)
MU   52.36 (-5.28%)
CGC   2.83 (-0.70%)
T   21.02 (+0.29%)
GE   62.71 (-1.51%)
F   11.17 (+0.36%)
DIS   94.83 (+0.46%)
AMC   13.51 (-0.30%)
PFE   51.64 (-1.51%)
PYPL   69.95 (+0.16%)
NFLX   176.20 (+0.76%)
NYSE:CANG

Cango Stock Forecast, Price & News

$2.29
+0.04 (+1.78%)
(As of 07/1/2022 12:01 PM ET)
Add
Compare
Today's Range
$2.22
$2.32
50-Day Range
$2.25
$3.64
52-Week Range
$1.95
$6.04
Volume
63 shs
Average Volume
243,646 shs
Market Capitalization
$320.01 million
P/E Ratio
19.08
Dividend Yield
N/A
Price Target
N/A
30 days | 90 days | 365 days | Advanced Chart

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.

CANG Stock Forecast (MarketRank)

Overall MarketRank

1.27 out of 5 stars

Computer And Technology Sector

772nd out of 937 stocks

Prepackaged Software Industry

256th out of 302 stocks

Analyst Opinion: 0.0Community Rank: 3.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
Cango logo

About Cango (NYSE:CANG)

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, including car sourcing, logistics, and warehousing support for dealers; and facilitation of car purchases for car buyers. It also facilitates 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 Stock News Headlines

See More Headlines

Industry, Sector and Symbol

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

Company Calendar

Ex-Dividend for 6/15 Dividend
5/24/2022
Last Earnings
6/09/2022
Dividend Payable
6/15/2022
Today
7/01/2022
Next Earnings (Estimated)
8/18/2022
Fiscal Year End
12/31/2022

Profitability

Net Income
$-1.34 million
Pretax Margin
2.88%

Debt

Sales & Book Value

Annual Sales
$615.40 million
Book Value
$7.85 per share

Miscellaneous

Free Float
N/A
Market Cap
$320.01 million
Optionable
Not Optionable
Beta
0.73














Cango Frequently Asked Questions

How has Cango's stock performed in 2022?

Cango's stock was trading at $3.14 on January 1st, 2022. Since then, CANG stock has decreased by 27.1% and is now trading at $2.29.
View the best growth stocks for 2022 here
.

Are investors shorting Cango?

Cango saw a drop in short interest in June. As of June 15th, there was short interest totaling 716,400 shares, a drop of 33.0% from the May 31st total of 1,070,000 shares. Based on an average daily trading volume, of 341,900 shares, the short-interest ratio is currently 2.1 days. Currently, 1.0% of the company's stock are sold short.
View Cango's Short Interest
.

When is Cango's next earnings date?

Cango is scheduled to release its next quarterly earnings announcement on Thursday, August 18th 2022.
View our earnings forecast for Cango
.

How were Cango's earnings last quarter?

Cango Inc. (NYSE:CANG) released its quarterly earnings data on Thursday, June, 9th. The company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of $0.04 by $0.19. The business had revenue of $124.26 million for the quarter, compared to analysts' expectations of $130.88 million. Cango had a trailing twelve-month return on equity of 1.79% and a net margin of 3.52%. During the same period in the previous year, the company earned ($0.28) EPS.
View Cango's earnings history
.

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

Cango announced a -- dividend on Tuesday, April 26th. Investors of record on Wednesday, May 25th will be given a dividend of $0.98 per share on Wednesday, June 15th. The ex-dividend date of this dividend is Tuesday, May 24th.
View Cango's dividend history
.

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

Cango issued an update on its second quarter 2022 earnings guidance on Thursday, June, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $39.44 million-$47.32 million, compared to the consensus revenue estimate of $158.13 million.

Who are Cango's key executives?

Cango's management team includes the following people:
  • Mr. Xiaojun Zhang, Co-Founder & Chairman (Age 50)
  • Mr. Jiayuan Lin, Co-Founder, CEO & Director (Age 53)
  • Mr. Yongyi Zhang, CFO & Director (Age 49)
  • Ms. Caroline Li, IR Director

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 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) 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 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 $2.29.

How much money does Cango make?

Cango (NYSE:CANG) has a market capitalization of $320.01 million and generates $615.40 million in revenue each year. The company earns $-1.34 million in net income (profit) each year or $0.12 on an earnings per share basis.

How many employees does Cango have?

Cango 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 Cango is www.cangoonline.com. The company can be reached via phone at 862131835088 or via email at [email protected].

This page (NYSE:CANG) was last updated on 7/1/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.