Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $4.83 in the prior trading day, Cango Inc ADR (NYSE: CANG) closed at $4.69, down -2.90%. In other words, the price has decreased by -$2.90 from its previous closing price. On the day, 0.65 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CANG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.01.
On September 04, 2018, Goldman started tracking the stock assigning a Neutral rating and target price of $11.90.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 19 ’25 when Zhang Yongyi bought 250,000 shares for $4.36 per share.
Song Zhipeng bought 100,000 shares of CANG for $344,000 on Mar 11 ’25. On Mar 11 ’25, another insider, Lin Jiayuan, who serves as the Director of the company, bought 200,000 shares for $3.44 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 0.59.
Stock Price History:
Over the past 52 weeks, CANG has reached a high of $9.66, while it has fallen to a 52-week low of $1.40. The 50-Day Moving Average of the stock is 8.80%, while the 200-Day Moving Average is calculated to be 26.46%.
Shares Statistics:
A total of 67.29M shares are outstanding, with a floating share count of 62.50M. Insiders hold about 7.12% of the company’s shares, while institutions hold 4.82% stake in the company.
