Cango Stock Forecast, Price & News

Cango (NYSE:CANG) Frequently Asked Questions

How has Cango's stock price been impacted by Coronavirus?

Cango's stock was trading at $6.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CANG stock has decreased by 61.0% and is now trading at $2.67.
View which stocks have been most impacted by COVID-19.

Are investors shorting Cango?

Cango saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,020,000 shares, an increase of 27.1% from the October 31st total of 802,500 shares. Based on an average trading volume of 259,800 shares, the days-to-cover ratio is currently 3.9 days. Approximately 1.3% of the shares of the stock are short sold.
View Cango's Short Interest.

When is Cango's next earnings date?

Cango is scheduled to release its next quarterly earnings announcement on Thursday, March 10th 2022.
View our earnings forecast for Cango.

How were Cango's earnings last quarter?

Cango Inc. (NYSE:CANG) issued its earnings results on Wednesday, August, 18th. The company reported $3.89 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.25 by $3.64. The business had revenue of $146.63 million for the quarter. Cango had a net margin of 36.08% and a trailing twelve-month return on equity of 19.30%.
View Cango's earnings history.

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 paid 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 a positive change from Cango's previous -- dividend of $0.23.
View Cango's dividend history.

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

Cango issued an update on its fourth quarter 2021 earnings guidance on Monday, November, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $147.44 million-$155.20 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?

Some companies that are related to Cango include Bandwidth (BAND), Intapp (INTA), 2U (TWOU), Momo (MOMO), Domo (DOMO), Micro Focus International (MFGP), Zeta Global (ZETA), Sumo Logic (SUMO), Avid Technology (AVID), SkillSoft (SKIL), WalkMe (WKME), SecureWorks (SCWX), Cognyte Software (CGNT), Consensus Cloud Solutions (CCSI) and Materialise (MTLS).
View all of CANG's 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 (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."

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 (0.40%), BlackRock Inc. (0.17%), Millennium Management LLC (0.10%), Cetera Investment Advisers (0.07%), Private Advisor Group LLC (0.04%) and Goldman Sachs Group Inc. (0.03%).

Which major investors are selling Cango stock?

CANG stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Millennium Management LLC, Voloridge Investment Management LLC, UBS Group AG, Morgan Stanley, and LPL Financial LLC.

Which major investors are buying Cango stock?

CANG stock was purchased by a variety of institutional investors in the last quarter, including Cetera Investment Advisers, Private Advisor Group LLC, Goldman Sachs Group Inc., BlackRock Inc., Veritable L.P., Schonfeld Strategic Advisors LLC, Citigroup Inc., and Jane Street Group LLC.

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 $2.67.

How much money does Cango make?

Cango has a market capitalization of $400.18 million and generates $314.55 million in revenue each year. The company earns $516.40 million in net income (profit) each year or $1.44 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?

Cango is headquartered at 18F BUILDING 2 YOUYOU CENTURY PLAZA 428 SOUTH YANGGAO ROAD PUDONG NEW AREA, SHANGHAI F4, 200127.

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].