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The price of Cango Inc ADR (NYSE: CANG) closed at $4.34 in the last session, down -4.19% from day before closing price of $4.53. In other words, the price has decreased by -$4.19 from its previous closing price. On the day, 0.84 million shares were traded.
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:
As of this moment, Cango’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.54, and their Forward P/E ratio for the next fiscal year is 12.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.58 while its Price-to-Book (P/B) ratio in mrq is 0.52.
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 12.38%, while the 200-Day Moving Average is calculated to be 29.27%.
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 4.40% stake in the company.
