NYSE:CANG Cango (CANG) Stock Price, News & Analysis → Your 'AI Income Playbook' Awaits... (From The Oxford Club) (Ad) Free CANG Stock Alerts $1.61 +0.03 (+1.91%) (As of 03:37 PM ET) Add Compare Share Share Today's Range$1.61▼$1.8350-Day Range$1.34▼$1.8752-Week Range$0.92▼$1.96Volume99,925 shsAverage Volume59,425 shsMarket Capitalization$175.37 millionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Cango alerts: Email Address Ad Eagle PublishingThe Best Stock Trading for Less Than $10 Per Share?It’s a tiny, $1 billion company that holds the key to this power. And yet, it’s the largest company of its kind in the U.S. It’s in a prime position to profit.For the full story, click here About Cango Stock (NYSE:CANG)Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturers, financial institutions, car buyers, insurance brokers, and companies in the People's Republic of China. The company offers automobile trading solutions comprising car sourcing, transaction facilitation, logistics, and warehousing support for dealers through Cango Haoche app that offers new car transaction services, and Cango U-Car app that offers used-car transaction services. It also provides automotive financing facilitation services that include facilitating financing transactions from financial institutions to car buyers, which comprises credit origination, credit assessment, credit servicing, and delinquent asset management services; facilitating financing transactions of car purchases for car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.Read More CANG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CANG Stock News HeadlinesJune 13 at 9:26 AM | americanbankingnews.comCango Inc. (NYSE:CANG) Short Interest UpdateJune 12 at 5:30 PM | prnewswire.comCango Inc. Reports First Quarter 2024 Unaudited Financial ResultsJune 8, 2024 | americanbankingnews.comCango (CANG) to Release Quarterly Earnings on WednesdayJune 7, 2024 | prnewswire.comCango Inc. to Report First Quarter 2024 Financial Results on June 12, 2024 Eastern TimeJune 4, 2024 | americanbankingnews.comCango (NYSE:CANG) Trading 6.7% Higher May 29, 2024 | msn.comJOYY Inc. (NASDAQ:YY) Q1 2024 Earnings Call TranscriptMay 22, 2024 | msn.comAmericans involved in foiled deadly coup, DR Congo military saysMay 21, 2024 | finance.yahoo.comInvestors in Cango (NYSE:CANG) have unfortunately lost 32% over the last three yearsMay 11, 2024 | msn.comAll Fast Travel Locations in Little Kitty, Big CityApril 26, 2024 | prnewswire.comCango Inc. Filed Its Annual Report on Form 20-FApril 24, 2024 | finance.yahoo.comCango Inc.'s (NYSE:CANG) largest shareholders are retail investors with 51% ownership, insiders own 28%April 23, 2024 | prnewswire.comCango Inc. Announces Up to US$50 Million New Share Repurchase ProgramApril 16, 2024 | msn.comFive amazing places to see in South AfricaApril 11, 2024 | finance.yahoo.comCANGO Mobility and MiTAC Announce Collaboration to Transform Fleet Management with Integrated Video Telematics and CANbus Data InsightApril 4, 2024 | msn.comFinancial, Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday TradingApril 3, 2024 | msn.com4 places where you can enjoy autumn in MzansiMarch 19, 2024 | msn.comNiger gov plans partnership with China on railway networkMarch 14, 2024 | ca.finance.yahoo.comBitcoin Sells Off 3%; Is Macro Risk Returning to Market?March 14, 2024 | finance.yahoo.comCango Full Year 2023 Earnings: CN¥0.31 loss per share (vs CN¥8.11 loss in FY 2022)March 13, 2024 | finance.yahoo.comCango's (NYSE:CANG) Returns On Capital Tell Us There Is Reason To Feel UneasyMarch 12, 2024 | finance.yahoo.comQ4 2023 Cango Inc Earnings CallMarch 12, 2024 | finance.yahoo.comCango Inc. (NYSE:CANG) Q4 2023 Earnings Call TranscriptMarch 11, 2024 | finance.yahoo.comCango Inc. Reports Fourth Quarter and Full Year 2023 Unaudited Financial ResultsMarch 11, 2024 | prnewswire.comCango Inc. Reports Fourth Quarter and Full Year 2023 Unaudited Financial ResultsMarch 5, 2024 | finance.yahoo.comCango Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on March 11, 2024 Eastern TimeSee More Headlines Receive CANG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cango and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/18/2021Today6/14/2024Next Earnings (Estimated)8/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNYSE:CANG CUSIPN/A CIK1725123 Webwww.cangoonline.com Phone862131835088FaxN/AEmployees632Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.04) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-5,330,000.00 Net Margins-2.30% Pretax Margin3.27% Return on Equity-0.71% Return on Assets-0.55% Debt Debt-to-Equity RatioN/A Current Ratio4.99 Quick Ratio4.99 Sales & Book Value Annual Sales$239.71 million Price / Sales0.72 Cash FlowN/A Price / Cash FlowN/A Book Value$4.94 per share Price / Book0.32Miscellaneous Outstanding Shares108,920,000Free Float77,223,000Market Cap$172.09 million OptionableNot Optionable Beta0.78 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Xiaojun Zhang (Age 52)Co-Founder & Chairman of the Board Mr. Jiayuan Lin (Age 55)Co-Founder, CEO & Director Mr. Yongyi Zhang (Age 51)CFO & Director Key CompetitorsGrid DynamicsNASDAQ:GDYNKingsoft CloudNASDAQ:KCDefinitive HealthcareNASDAQ:DHWeave CommunicationsNYSE:WEAVBigCommerceNASDAQ:BIGCView All CompetitorsInstitutional OwnershipCetera Advisors LLCBought 98,450 shares on 5/24/2024Ownership: 0.090%View All Institutional Transactions CANG Stock Analysis - Frequently Asked Questions How have CANG shares performed in 2024? Cango's stock was trading at $1.02 at the beginning of the year. Since then, CANG shares have increased by 66.7% and is now trading at $1.70. View the best growth stocks for 2024 here. Are investors shorting Cango? Cango saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 54,700 shares, an increase of 166.8% from the May 15th total of 20,500 shares. Based on an average daily volume of 50,600 shares, the short-interest ratio is presently 1.1 days. Currently, 0.1% of the company's shares are sold short. View Cango's Short Interest. When is Cango's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 28th 2024. View our CANG earnings forecast. How were Cango's earnings last quarter? Cango Inc. (NYSE:CANG) issued its quarterly earnings data on Wednesday, August, 18th. The company reported $3.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $3.64. The company had revenue of $146.63 million for the quarter. Cango had a negative trailing twelve-month return on equity of 0.71% and a negative net margin of 2.30%. 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), GSK (GSK), International Business Machines (IBM), Marathon Petroleum (MPC), NVIDIA (NVDA) and Pfizer (PFE). When did Cango IPO? Cango (CANG) raised $138 million in an initial public offering 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. Who are Cango's major shareholders? Cango's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Cetera Advisors LLC (0.09%). How do I buy shares of Cango? Shares of CANG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CANG) was last updated on 6/14/2024 by MarketBeat.com Staff From Our PartnersThe ONE AI Stock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages...Weiss Ratings | SponsoredExposed: 3 CENT Crypto to Explode June 24th?Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | SponsoredBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentia...Priority Gold | SponsoredTiny, One-Half Inch Pellet the Key to INFINITE Energy?It’s a tiny, $1 billion company that holds the key to this power. 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