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The price of Cango Inc ADR (NYSE: CANG) closed at $4.66 in the last session, up 9.39% from day before closing price of $4.26. In other words, the price has increased by $9.39 from its previous closing price. On the day, 0.76 million shares were traded. CANG stock price reached its highest trading level at $4.78 during the session, while it also had its lowest trading level at $4.22.
Ratios:
We take a closer look at CANG’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.04 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 11 ’25 when Song Zhipeng bought 100,000 shares for $3.44 per share.
Lin Jiayuan bought 200,000 shares of CANG for $688,000 on Mar 11 ’25. On Mar 11 ’25, another insider, Zhang Yongyi, who serves as the Director of the company, bought 20,000 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 486340896 and an Enterprise Value of -1387940864. As of this moment, Cango’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.99 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at -1.725 whereas that against EBITDA is -7.588.
Stock Price History:
The Beta on a monthly basis for CANG is 0.27, which has changed by 2.1486487 over the last 52 weeks, in comparison to a change of 0.07465422 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 $1.32. The 50-Day Moving Average of the stock is 8.74%, while the 200-Day Moving Average is calculated to be 58.78%.
Shares Statistics:
According to the various share statistics, CANG traded on average about 658.53K shares per day over the past 3-months and 387070 shares per day over the past 10 days. A total of 72.43M shares are outstanding, with a floating share count of 67.27M. Insiders hold about 7.12% of the company’s shares, while institutions hold 5.26% stake in the company. Shares short for CANG as of 1740700800 were 1075923 with a Short Ratio of 1.63, compared to 1738281600 on 1336458. Therefore, it implies a Short% of Shares Outstanding of 1075923 and a Short% of Float of 3.47.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
