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The closing price of Cyngn Inc (NASDAQ: CYN) was $12.85 for the day, down -10.27% from the previous closing price of $14.32. In other words, the price has decreased by -$10.27 from its previous closing price. On the day, 2.58 million shares were traded. CYN stock price reached its highest trading level at $14.18 during the session, while it also had its lowest trading level at $12.75.
Ratios:
Our analysis of CYN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.08 and its Current Ratio is at 8.49. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Aegis Capital on November 16, 2021, initiated with a Buy rating and assigned the stock a target price of $13.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CYN now has a Market Capitalization of 24985798 and an Enterprise Value of 9016285. For the stock, the TTM Price-to-Sale (P/S) ratio is 158.56 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 22.003 whereas that against EBITDA is -0.421.
Stock Price History:
The Beta on a monthly basis for CYN is 0.10, which has changed by -0.97739667 over the last 52 weeks, in comparison to a change of 0.12677538 over the same period for the S&P500. Over the past 52 weeks, CYN has reached a high of $1600.50, while it has fallen to a 52-week low of $3.62. The 50-Day Moving Average of the stock is 122.53%, while the 200-Day Moving Average is calculated to be -94.55%.
Shares Statistics:
CYN traded an average of 3.96M shares per day over the past three months and 24535960 shares per day over the past ten days. A total of 5.06M shares are outstanding, with a floating share count of 4.88M. Insiders hold about 3.46% of the company’s shares, while institutions hold 4.60% stake in the company. Shares short for CYN as of 1749772800 were 27255 with a Short Ratio of 0.01, compared to 1747267200 on 70616. Therefore, it implies a Short% of Shares Outstanding of 27255 and a Short% of Float of 2.6600001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
