NYSE:CANG Cango (CANG) Stock Price, News & Analysis → World’s biggest multibillionaire investor is buying THIS by the ton [picture] (From Stansberry Research) (Ad) Free CANG Stock Alerts $1.40 +0.02 (+1.45%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$1.38▼$1.4950-Day Range$1.23▼$1.7752-Week Range$0.92▼$1.88Volume108,524 shsAverage Volume61,820 shsMarket Capitalization$188.71 millionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestSocial Media Get Cango alerts: Email Address Cango MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.03% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.52 out of 5 starsComputer And Technology Sector555th out of 591 stocksPrepackaged Software Industry183rd out of 196 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Cango. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.03% of the float of Cango has been sold short.Short Interest Ratio / Days to CoverCango has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cango has recently increased by 16.25%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCango does not currently pay a dividend.Dividend GrowthCango does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CANG. Previous Next 2.5 News and Social Media Coverage News SentimentCango has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cango this week, compared to 1 article on an average week.Search Interest1 people have searched for CANG on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cango insiders have not sold or bought any company stock.Percentage Held by Insiders29.10% of the stock of Cango is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.22% of the stock of Cango is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cango is -20.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cango is -20.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCango has a P/B Ratio of 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingThe Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him About Cango Stock (NYSE:CANG)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 comprising car sourcing, 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; and facilitation of car purchases for car buyers. It also provides automotive financing services that include facilitating financing transactions from financial institutions to 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 HeadlinesApril 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 26, 2024 | DTI (Ad)What is the 72-Hour Profit Surge?One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…April 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 networkApril 26, 2024 | DTI (Ad)What is the 72-Hour Profit Surge?One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…March 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 TimeFebruary 27, 2024 | benzinga.comCarvana Stock (NYSE:CVNA), Quotes and News SummaryFebruary 11, 2024 | forbes.com7 Anti-Valentine’s Cocktails For Those Who Are Not Feeling The RomanceFebruary 8, 2024 | au.finance.yahoo.comQ2 2024 Kennametal Inc Earnings CallJanuary 28, 2024 | bbc.co.ukAfcon 2023: Egypt 1-1 DR Congo (aet, 7-8 on pens) - Mpasi the last-16 hero for LeopardsJanuary 28, 2024 | ca.sports.yahoo.comHow to watch Egypt vs DR Congo: TV channel and live stream for AFCON game todayJanuary 26, 2024 | msn.comJordan Pope hits 3-pointer at buzzer, Oregon State beats No. 9 Arizona 83-80January 26, 2024 | finance.yahoo.comCango Announces Strategic Partnership with Caocao Mobility for Next-Generation Smart Mobility EcosystemJanuary 23, 2024 | bbc.co.ukAfcon 2023: Morocco 1-1 DR Congo - Achraf Hakimi scores but Silas secures point for LeopardsJanuary 21, 2024 | msn.comMorocco vs DR Congo LIVE! AFCON result, match stream and latest updates todayJanuary 21, 2024 | msn.comMorocco vs DR Congo LIVE! AFCON match stream, latest score and goal updates todaySee 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 Earnings3/11/2024Today4/25/2024Next Earnings (Estimated)6/13/2024Fiscal 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/AEmployees827Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.07) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-5,330,000.00 Net Margins-2.04% Pretax Margin3.27% Return on Equity-0.88% Return on Assets-0.63% Debt Debt-to-Equity RatioN/A Current Ratio4.99 Quick Ratio4.13 Sales & Book Value Annual Sales$239.71 million Price / Sales0.81 Cash FlowN/A Price / Cash FlowN/A Book Value$3.99 per share Price / Book0.36Miscellaneous Outstanding Shares134,790,000Free Float95,568,000Market Cap$194.10 million OptionableNot Optionable Beta0.88 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 CompetitorseGainNASDAQ:EGANKalturaNASDAQ:KLTRAudioEyeNASDAQ:AEYERed VioletNASDAQ:RDVTConsensus Cloud SolutionsNASDAQ:CCSIView All Competitors 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 stock has increased by 37.3% and is now trading at $1.40. View the best growth stocks for 2024 here. Are investors shorting Cango? Cango saw a increase in short interest in April. As of April 15th, there was short interest totaling 32,200 shares, an increase of 16.2% from the March 31st total of 27,700 shares. Based on an average trading volume of 63,900 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the company 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 Thursday, June 13th 2024. View our CANG earnings forecast. How were Cango's earnings last quarter? Cango Inc. (NYSE:CANG) released its earnings results on Monday, March, 11th. The company reported ($0.13) earnings per share for the quarter. The firm earned $18.34 million during the quarter. Cango had a negative trailing twelve-month return on equity of 0.88% and a negative net margin of 2.04%. Is Cango a good dividend stock? Cango (NYSE:CANG) pays an annual dividend of $0.98 per share and currently has a dividend yield of 0.00%. Read our dividend analysis for CANG. What guidance has Cango issued on next quarter's earnings? Cango updated its first quarter 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $7.0 million-$14.1 million. 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 (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. 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 4/26/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsYour Money is Not SafeAmerican AlternativeFed launches fourth dollar overhaulStansberry ResearchThe only accurate crypto trading system I know …Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cango Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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