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 $5.18 in the prior trading day, Cango Inc ADR (NYSE: CANG) closed at $5.32, up 2.70%. In other words, the price has increased by $2.70 from its previous closing price. On the day, 1.12 million shares were traded. CANG stock price reached its highest trading level at $5.48 during the session, while it also had its lowest trading level at $5.18.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CANG now has a Market Capitalization of 552428800 and an Enterprise Value of -680403008. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at -0.379 whereas that against EBITDA is -2.643.
Stock Price History:
The Beta on a monthly basis for CANG is 0.50, which has changed by 1.6467662 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. 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 11.72%, while the 200-Day Moving Average is calculated to be 30.79%.
Shares Statistics:
The stock has traded on average 470.71K shares per day over the past 3-months and 1026390 shares per day over the last 10 days, according to various share 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 5.13% stake in the company. Shares short for CANG as of 1749772800 were 1199855 with a Short Ratio of 2.53, compared to 1747267200 on 1207031. Therefore, it implies a Short% of Shares Outstanding of 1199855 and a Short% of Float of 4.14.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
