NYSE:CANG - Cango Stock Price, Forecast & News

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

Cango declared a special dividend on Wednesday, April 24th. Stockholders 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 is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for Cango.

Cango updated its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$53.164-55.962 million, compared to the consensus revenue estimate of $$57.08 million.

1 brokerages have issued twelve-month price objectives for Cango's stock. Their forecasts range from $7.80 to $7.80. On average, they expect Cango's share price to reach $7.80 in the next twelve months. This suggests that the stock has a possible downside of 2.6%. 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 stories about CANG stock have been trending negative this week, InfoTrie reports. The research group ranks the sentiment of press 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 nearest to five being the most favorable. Cango earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Cango.

Cango saw a increase in short interest in January. As of January 31st, there was short interest totalling 5,000 shares, an increase of 47.1% from the January 15th total of 3,400 shares. Based on an average daily volume of 16,200 shares, the short-interest ratio is presently 0.3 days. Currently, 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 AppFolio (APPF), Cyberark Software (CYBR), Bill.com (BILL), LogMeIn (LOGM), Appian (APPN), Pivotal Software (PVTL), Q2 (QTWO), Descartes Systems Group (DSGX), Blackbaud (BLKB), ACI Worldwide (ACIW), Blackline (BL), Micro Focus International (MFGP), Qualys (QLYS), New Relic (NEWR) and Cornerstone OnDemand (CSOD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cango investors own include Gilead Sciences (GILD), BCE (BCE), Altria Group (MO), NVIDIA (NVDA), Algonquin Power & Utilities (AQN), Cinemark (CNK), GlaxoSmithKline (GSK), IBM (IBM), Marathon Petroleum (MPC) and Pfizer (PFE).

(CANG) raised $138 million in an 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.

Cango's stock is owned by many different of retail and institutional investors. Top institutional shareholders include UBS Group AG (0.00%).

CANG stock was bought by a variety of institutional investors in the last quarter, including UBS Group AG.

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, Robinhood, Fidelity and Charles Schwab.

One share of CANG stock can currently be purchased for approximately $8.01.

Cango has a market capitalization of $1.21 billion 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]