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Cango Stock Price, News & Analysis (NYSE:CANG)

+0.44 (+8.29 %)
(As of 10/23/2019 07:13 AM ET)
Today's Range
Now: $5.75
50-Day Range
MA: $5.18
52-Week Range
Now: $5.75
Volume6,430 shs
Average Volume1,719 shs
Market Capitalization$870.55 million
P/E Ratio18.55
Dividend YieldN/A
Cango Inc. operates an automotive transaction service platform that connects dealers, financial institutions, car buyers, and other industry participants in the People's Republic of China. It facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; automotive transactions between automotive wholesalers, dealers, and car buyers; and after-market services to car buyers. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.

Industry, Sector and Symbol

Industry Prepackaged software
SectorComputer and Technology



Sales & Book Value

Annual Sales$158.74 million
Cash Flow$0.32 per share
Book Value$5.05 per share


Net Income$44.03 million


Market Cap$870.55 million
Next Earnings Date11/28/2019 (Estimated)
OptionableNot Optionable

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Cango (NYSE:CANG) Frequently Asked Questions

What is Cango's stock symbol?

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

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

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

How were Cango's earnings last quarter?

Cango Inc - (NYSE:CANG) issued its earnings results on Tuesday, September, 3rd. The company reported $0.09 earnings per share (EPS) for the quarter. The firm earned $48.99 million during the quarter. Cango had a return on equity of 6.22% and a net margin of 25.16%. View Cango's Earnings History.

When is Cango's next earnings date?

Cango is scheduled to release their next quarterly earnings announcement on Thursday, November 28th 2019. View Earnings Estimates for Cango.

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

Cango updated its third quarter 2019 earnings guidance on Tuesday, September, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $42-45.5 million, compared to the consensus revenue estimate of $60.27 million.

Has Cango been receiving favorable news coverage?

Media coverage about CANG stock has trended somewhat positive on Wednesday, InfoTrie Sentiment reports. The research group 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 positive five, with scores nearest to five being the most favorable. Cango earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Cango.

Are investors shorting Cango?

Cango saw a decrease in short interest during the month of September. As of September 15th, there was short interest totalling 7,600 shares, a decrease of 6.2% from the August 15th total of 8,100 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 4.2 days. Currently, 0.0% of the shares of the company are short sold. View Cango's Current Options Chain.

Who are some of Cango's key competitors?

What other stocks do shareholders of Cango own?

Who are Cango's key executives?

Cango's management team includes the folowing people:
  • Mr. Xiaojun Zhang, Co-Founder & Chairman (Age 47)
  • Mr. Jiayuan Lin, Co-Founder, CEO & Director (Age 49)
  • Mr. Yongyi Zhang, CFO & Director (Age 46)
  • Ms. Caroline Li, IR Director
  • Ms. Yun Ye, Head of Legal Division & Director (Age 41)

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 a price of $10.00-$12.00 per share. Morgan Stanley, BofA Merrill Lynch and Goldman Sachs (Asia) served as the underwriters for the IPO.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Cango's stock price today?

One share of CANG stock can currently be purchased for approximately $5.75.

How big of a company is Cango?

Cango has a market capitalization of $870.55 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.

What is Cango's official website?

The official website for Cango is http://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 86-21-3183-5088 or via email at [email protected]

MarketBeat Community Rating for Cango (NYSE CANG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  64 (Vote Outperform)
Underperform Votes:  75 (Vote Underperform)
Total Votes:  139
MarketBeat's community ratings are surveys of what our community members think about Cango and other stocks. Vote "Outperform" if you believe CANG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CANG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/23/2019 by MarketBeat.com Staff

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