NYSE:CANG - Cango Stock Price, News & Analysis

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

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

Cango Inc - (NYSE:CANG) released its earnings results on Tuesday, May, 28th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.08. The firm had revenue of $52.40 million for the quarter. Cango had a return on equity of 7.96% and a net margin of 25.02%. View Cango's Earnings History.

Cango is scheduled to release their next quarterly earnings announcement on Thursday, August 29th 2019. View Earnings Estimates for Cango.

Cango updated its second quarter 2019 earnings guidance on Tuesday, May, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $43.211-46.936 million, compared to the consensus revenue estimate of $51.23 million.

1 brokers have issued twelve-month price objectives for Cango's stock. Their predictions range from $11.90 to $11.90. On average, they anticipate Cango's stock price to reach $11.90 in the next year. This suggests a possible upside of 117.6% from the stock's current price. View Analyst Price Targets for Cango.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cango in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cango.

Media headlines about CANG stock have trended positive this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing 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 five, with scores closest to five being the most favorable. Cango earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Cango.

Cango saw a decline in short interest in July. As of July 31st, there was short interest totalling 9,800 shares, a decline of 12.5% from the June 30th total of 11,200 shares. Based on an average daily trading volume, of 2,100 shares, the short-interest ratio is presently 4.7 days. Approximately 0.0% of the shares of the stock are sold short. View Cango's Current Options Chain.

Some companies that are related to Cango include SINA (SINA), Descartes Systems Group (DSGX), Everbridge (EVBG), Blackline (BL), Cogent Communications (CCOI), Rapid7 (RPD), Mimecast (MIME), Pagerduty (PD), LivePerson (LPSN), Altair Engineering (ALTR), AlarmCom (ALRM), Workiva (WK), Tenable (TENB), Varonis Systems (VRNS) and Bandwidth (BAND).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cango investors own include Alibaba Group (BABA), Thermo Fisher Scientific (TMO), Cisco Systems (CSCO), Home Depot (HD), Honeywell International (HON), NVIDIA (NVDA), Johnson & Johnson (JNJ), Raytheon (RTN), Verizon Communications (VZ) and Amgen (AMGN).

(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) acted as the underwriters for the IPO.

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, Scottrade, Fidelity and Charles Schwab.

One share of CANG stock can currently be purchased for approximately $5.47.

Cango has a market capitalization of $826.54 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.

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

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]