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The price of Cyngn Inc (NASDAQ: CYN) closed at $8.89 in the last session, down -5.22% from day before closing price of $9.38. In other words, the price has decreased by -$5.22 from its previous closing price. On the day, 0.77 million shares were traded. CYN stock price reached its highest trading level at $9.26 during the session, while it also had its lowest trading level at $8.6306.
Ratios:
We take a closer look at CYN’s different ratios to gain a better understanding of the stock. 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 44978956 and an Enterprise Value of -636716. For the stock, the TTM Price-to-Sale (P/S) ratio is 109.71 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at -1.554 whereas that against EBITDA is 0.03.
Stock Price History:
The Beta on a monthly basis for CYN is 0.05, which has changed by -0.9902522 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, CYN has reached a high of $1312.50, while it has fallen to a 52-week low of $3.62. The 50-Day Moving Average of the stock is 23.26%, while the 200-Day Moving Average is calculated to be -95.42%.
Shares Statistics:
According to the various share statistics, CYN traded on average about 4.28M shares per day over the past 3-months and 875100 shares per day over the past 10 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 1752537600 were 496219 with a Short Ratio of 0.12, compared to 1749772800 on 27255. Therefore, it implies a Short% of Shares Outstanding of 496219 and a Short% of Float of 11.450000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
