NYSE:CANG Cango - CANG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $1.42 +0.05 (+3.26%) (As of 02/1/2023 02:00 PM ET) Add Compare Share Share Today's Range$1.37▼$1.4350-Day Range$1.28▼$2.5752-Week Range$1.22▼$3.80Volume27,381 shsAverage Volume100,123 shsMarket Capitalization$199.13 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Cango (NYSE:CANG) StockCango, 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.Read More 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 Stock News HeadlinesDecember 24, 2022 | msn.comSA’s hidden tourism gemsDecember 16, 2022 | finance.yahoo.comCango Inc. (NYSE:CANG) Q3 2022 Earnings Call TranscriptFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 2, 2022 | finance.yahoo.comCango Third Quarter 2022 Earnings: Revenues Beat ExpectationsNovember 30, 2022 | finance.yahoo.comCANG: Results stabilized in the third quarter but challenges remain.November 30, 2022 | finance.yahoo.comCango Inc. Reports Third Quarter 2022 Unaudited Financial ResultsNovember 30, 2022 | finance.yahoo.comEdited Transcript of CANG.N earnings conference call or presentation 30-Nov-22 1:00am GMTNovember 30, 2022 | finance.yahoo.comThe recent US$148m market cap decrease is likely to have disappointed insiders invested in Cango Inc. (NYSE:CANG)February 1, 2023 | PressReach (Ad)Top Innovation StockToday's stock market report features an AI Robotics tech stock with a $4 million order backlog.November 28, 2022 | msn.comEarnings Preview: CangoNovember 23, 2022 | finance.yahoo.comCango Inc. to Report Third Quarter 2022 Financial Results on November 29, 2022 Eastern TimeOctober 19, 2022 | streetinsider.comForm 6-K Cango Inc. For: Oct 19 - StreetInsider.comOctober 17, 2022 | finance.yahoo.comCango Inc. Announces Ex-dividend DateOctober 13, 2022 | benzinga.comWhy Norwegian Cruise Line Shares Climbed By Around 12%; Here Are 66 Biggest Movers From Yesterday - Agrif - BenzingaOctober 12, 2022 | fool.comWhy Cango Stock Was Soaring Earlier Today - The Motley FoolOctober 12, 2022 | benzinga.comWhy T2 Biosystems Shares Are Trading Lower By Over 28%, Here Are 41 Stocks Moving In Wednesday’s Mid-Day - BenzingaOctober 12, 2022 | benzinga.comCango shares are trading higher after the company declared a special cash dividend of $0.50 per share. - Cango (NYSE:CANG) - BenzingaOctober 12, 2022 | benzinga.comModerna, BioNTech And Some Other Big Stocks Moving Higher On Wednesday - AZZ (NYSE:AZZ), BioNTech (NASDAQ - BenzingaOctober 11, 2022 | benzinga.comCango shares are trading higher late Tuesday after the company declared a special cash dividend of $0.50 per share. - Cango (NYSE:CANG) - BenzingaOctober 11, 2022 | marketwatch.comCango Declares Special Cash Dividend, ADSs Rise 23% - MarketWatchSeptember 27, 2022 | finance.yahoo.comCango Inc. (CANG)September 19, 2022 | benzinga.com12 Consumer Discretionary Stocks Moving In Monday's Intraday Session - Codere Online Luxembourg (NASDAQ:CDRO), Cango (NYSE:CANG) - BenzingaSeptember 4, 2022 | benzinga.com(CANG) – CANG: A challenging environment for the company as its model evolves in 2022. Revenues were roughly in line with expectations in Q2. Adjusting our price target to reflect lower revenues & margins. - BenzingaSeptember 3, 2022 | nasdaq.comThese Analysts Just Made A Huge Downgrade To Their Cango Inc. (NYSE:CANG) EPS Forecasts - NasdaqSeptember 3, 2022 | finance.yahoo.comCango Inc. (NYSE:CANG) Analysts Just Slashed This Year's EstimatesAugust 31, 2022 | streetinsider.comForm 6-K Cango Inc. For: Aug 31 - StreetInsider.comAugust 30, 2022 | finance.yahoo.comCANG: A challenging environment for the company as its model evolves in 2022. Revenues were roughly in line with expectations in Q2. Adjusting our price target to reflect lower revenues & margins. - Yahoo FinanceSee More Headlines View Price History Chart DataSkip Price History Chart 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. Email Address CANG Company Calendar Dividend Payable11/23/2022Ex-Dividend for 11/23 Dividend11/25/2022Last Earnings11/29/2022Today2/01/2023Next Earnings (Estimated)3/09/2023Fiscal 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/AEmployees2,351Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.45) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-1,340,000.00 Net Margins-16.12% Pretax Margin-21.89% Return on Equity-6.49% Return on Assets-4.37% Debt Debt-to-Equity Ratio0.02 Current Ratio2.80 Quick Ratio2.80 Sales & Book Value Annual Sales$615.40 million Price / Sales0.32 Cash FlowN/A Price / Cash FlowN/A Book Value$7.85 per share Price / Book0.18Miscellaneous Outstanding Shares139,740,000Free Float99,078,000Market Cap$199.13 million OptionableNot Optionable Beta0.91 Key ExecutivesJia Yuan LinChief Executive Officer & DirectorYong Yi ZhangChief Financial Officer & DirectorYihe LiuInvestor Relations ContactKey CompetitorsMiX TelematicsNYSE:MIXTSmith Micro SoftwareNASDAQ:SMSIBackblazeNASDAQ:BLZEPorch GroupNASDAQ:PRCHCognyte SoftwareNASDAQ:CGNTView All CompetitorsInsiders & InstitutionsCitadel Advisors LLCBought 43,150 shares on 11/15/2022Ownership: 0.031%State Street CorpSold 14,432 shares on 11/15/2022Ownership: 0.029%Penserra Capital Management LLCSold 4,960 shares on 11/14/2022Ownership: 0.012%Envestnet Asset Management Inc.Sold 61,599 shares on 11/10/2022Ownership: 0.014%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 beginning of 2023. Since then, CANG shares have increased by 5.5% and is now trading at $1.38. View the best growth stocks for 2023 here. Are investors shorting Cango? Cango saw a decrease in short interest in December. As of December 30th, there was short interest totaling 262,000 shares, a decrease of 36.2% from the December 15th total of 410,600 shares. Based on an average trading volume of 226,300 shares, the short-interest ratio is currently 1.2 days. Currently, 0.4% of the company's shares are sold short. View Cango's Short Interest. When is Cango's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023. View our CANG earnings forecast. How were Cango's earnings last quarter? Cango Inc. (NYSE:CANG) posted its quarterly earnings data on Tuesday, November, 29th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.24) by $0.11. The business had revenue of $58.54 million for the quarter, compared to analyst estimates of $60.75 million. Cango had a negative trailing twelve-month return on equity of 6.49% and a negative net margin of 16.12%. 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. Is Cango a good dividend stock? Cango (NYSE:CANG) pays an annual dividend of $0.98 per share and currently has a dividend yield of 0.00%. Read our dividend analysis for CANG. 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 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. 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 $1.38. How much money does Cango make? Cango (NYSE:CANG) has a market capitalization of $192.85 million and generates $2.54 billion in revenue each year. The company earns $-1,340,000.00 in net income (profit) each year or ($0.45) 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 2/1/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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