S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13

Cango Stock Forecast, Price & News

-0.19 (-6.64%)
(As of 12/3/2021 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
451,563 shs
Average Volume
255,556 shs
Market Capitalization
$400.18 million
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
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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.


Cango Inc. (NYSE:CANG) Short Interest Update
December 3, 2021 |  americanbankingnews.com
Cango inc (CANG) Q3 2021 Earnings Call Transcript
December 1, 2021 |  finance.yahoo.com
Cango (NYSE:CANG) Hits New 12-Month Low at $3.31
November 26, 2021 |  americanbankingnews.com
Cango (NYSE:CANG) Stock Price Down 9%
November 23, 2021 |  americanbankingnews.com
DAX Tumbles On Rate-hike Worries - Nasdaq
November 23, 2021 |  nasdaq.com
See More Headlines

Industry, Sector and Symbol

Prepackaged software
Year Founded

Sales & Book Value

Annual Sales
$314.55 million
Cash Flow
$3.22 per share
Book Value
$7.20 per share


Net Income
$516.40 million
Pretax Margin




Free Float
Market Cap
$400.18 million
Not Optionable

Company Calendar

Last Earnings
Fiscal Year End
Next Earnings (Estimated)


Overall MarketRank

1.40 out of 5 stars

Computer And Technology Sector

728th out of 892 stocks

Prepackaged Software Industry

219th out of 267 stocks

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

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

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.

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 12/5/2021 by MarketBeat.com Staff


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