NYSE:CANG

Cango Stock Forecast, Price & News

$4.32
+0.13 (+3.10 %)
(As of 09/17/2021 12:00 AM ET)
Add
Compare
Today's Range
$4.20
$4.47
50-Day Range
$3.40
$5.07
52-Week Range
$3.33
$19.60
Volume234,407 shs
Average Volume377,256 shs
Market Capitalization$647.48 million
P/E Ratio1.19
Dividend YieldN/A
Beta1.15
30 days | 90 days | 365 days | Advanced Chart
Receive CANG 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.


Cango logo

About Cango

Cango, Inc. (Cayman island) is a holding company, which engages in the development and operation of automotive transaction service platform for connecting dealers, financial institutions, and car buyers. Is 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.

Headlines

Cango (NYSE:CANG) Shares Up 6%
Cango (NYSE:CANG) Shares Up 6%
September 17, 2021 |  americanbankingnews.com
Financial Analysis: Marqeta (NASDAQ:MQ) and Cango (NYSE:CANG)
Financial Analysis: Marqeta (NASDAQ:MQ) and Cango (NYSE:CANG)
September 10, 2021 |  americanbankingnews.com
Cango (NYSE:CANG) Trading Down 4.2%
Cango (NYSE:CANG) Trading Down 4.2%
September 2, 2021 |  americanbankingnews.com
Cango (NYSE:CANG) Shares Gap Up to $4.25
Cango (NYSE:CANG) Shares Gap Up to $4.25
August 30, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.40 out of 5 stars

Computer And Technology Sector

688th out of 858 stocks

Prepackaged Software Industry

206th out of 250 stocks

Analyst Opinion: 0.0Community Rank: 3.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Cango (NYSE:CANG) Frequently Asked Questions

What stocks does MarketBeat like better than Cango?

Wall Street analysts have given Cango a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cango wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Cango?

Cango saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 989,200 shares, an increase of 24.4% from the August 15th total of 795,300 shares. Based on an average daily volume of 391,900 shares, the short-interest ratio is currently 2.5 days. Currently, 1.3% of the shares of the 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 Monday, November 22nd 2021.
View our earnings forecast for Cango
.

How were Cango's earnings last quarter?

Cango Inc. (NYSE:CANG) announced its earnings results on Wednesday, August, 18th. The company reported $3.89 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.25 by $3.64. Cango had a trailing twelve-month return on equity of 48.38% and a net margin of 99.11%.
View Cango's earnings history
.

How has Cango's stock been impacted by COVID-19 (Coronavirus)?

Cango's stock was trading at $6.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CANG stock has decreased by 36.9% and is now trading at $4.32.
View which stocks have been most impacted by COVID-19
.

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

Cango announced a -- dividend on Friday, March 12th. Investors of record on Monday, March 22nd will be given a dividend of $1.00 per share on Thursday, April 8th. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, March 19th. This is an increase from Cango's previous -- dividend of $0.23.
View Cango's dividend history
.

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

Cango updated its third quarter 2021 earnings guidance on Thursday, September, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $108.42 million-$116.16 million.

Who are Cango's key executives?

Cango's management team includes the following people:
  • Jia Yuan Lin, Chief Executive Officer & Director
  • Yong Yi Zhang, Chief Financial Officer & Director

Who are some of Cango's key competitors?

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), GlaxoSmithKline (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) 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 institutional and retail investors. Top institutional investors include Marshall Wace LLP (0.62%), Marshall Wace LLP (0.62%), Element Capital Management LLC (0.37%), State Street Corp (0.23%), Millennium Management LLC (0.23%) and Ionic Capital Management LLC (0.16%).

Which institutional investors are selling Cango stock?

CANG stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Jump Financial LLC, Sei Investments Co., and Paloma Partners Management Co.

Which institutional investors are buying Cango stock?

CANG stock was purchased by a variety of institutional investors in the last quarter, including Element Capital Management LLC, State Street Corp, Millennium Management LLC, Ionic Capital Management LLC, Invesco Ltd., Qube Research & Technologies Ltd, Marshall Wace LLP, and Marshall Wace LLP.

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 $4.32.

How much money does Cango make?

Cango has a market capitalization of $647.48 million and generates $314.55 million in revenue each year. The company earns $516.40 million in net income (profit) each year or $3.40 on an earnings per share basis.

How many employees does Cango have?

Cango employs 3,009 workers across the globe.

What is Cango's official website?

The official website for Cango is www.cangoonline.com.

Where are Cango's headquarters?

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 862131835088 or via email at [email protected].


This page was last updated on 9/19/2021 by MarketBeat.com Staff
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

© American Consumer News, LLC dba MarketBeat® 2010-2021. 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

© 2021 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. Fundamental company data provided by Zacks Investment Research.