Cango Inc. (NYSE:CANG – Get Rating) declared a — dividend on Tuesday, April 26th, Wall Street Journal reports. Stockholders of record on Wednesday, May 25th will be paid a dividend of 0.98 per share on Wednesday, June 15th. The ex-dividend date of this dividend is Tuesday, May 24th.
Shares of Cango stock traded up $0.50 on Tuesday, reaching $2.86. 703,014 shares of the stock were exchanged, compared to its average volume of 201,069. Cango has a 1-year low of $1.95 and a 1-year high of $7.22. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.23 and a quick ratio of 2.23. The stock’s fifty day simple moving average is $2.75. The firm has a market capitalization of $428.64 million, a price-to-earnings ratio of -282.72 and a beta of 1.02.
Cango (NYSE:CANG – Get Rating) last released its quarterly earnings data on Thursday, March 10th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.18). The company had revenue of $164.85 million for the quarter, compared to analysts’ expectations of $174.48 million. Cango had a negative return on equity of 0.05% and a negative net margin of 0.10%. During the same period in the prior year, the firm posted $1.59 EPS. On average, sell-side analysts anticipate that Cango will post 0.12 earnings per share for the current fiscal year.
About Cango (Get Rating)
Cango Inc operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People's Republic of China. The company offers automobile trading solutions, including car sourcing, logistics, and warehousing support for dealers, as well as software as a service solutions; and facilitation of car purchases for car buyers.
- Get a free copy of the StockNews.com research report on Cango (CANG)
- The Sherwin-Williams Company Bottoms Above Institutional Support
- Simpson Manufacturing Co. Hits The Nail On The Head, Again
- What To Make Of Activision Blizzard (NASDAQ: ATVI)
- Whirlpool Is A Steal At These Prices
- Kimberly-Clark Pops On Successful Price Pass-Through
Receive News & Ratings for Cango Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cango and related companies with MarketBeat.com's FREE daily email newsletter.