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After finishing at $4.29 in the prior trading day, Cyngn Inc (NASDAQ: CYN) closed at $3.83, down -10.72%. In other words, the price has decreased by -$10.72 from its previous closing price. On the day, 0.54 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CYN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.29 and its Current Ratio is at 7.33. In the meantime, Its Debt-to-Equity ratio is 0.03 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 18.14 while its Price-to-Book (P/B) ratio in mrq is 0.07.
Stock Price History:
Over the past 52 weeks, CYN has reached a high of $3882.00, while it has fallen to a 52-week low of $4.21. The 50-Day Moving Average of the stock is -91.87%, while the 200-Day Moving Average is calculated to be -99.37%.
Shares Statistics:
A total of 1.75M shares are outstanding, with a floating share count of 1.72M. Insiders hold about 1.54% of the company’s shares, while institutions hold 3.24% stake in the company.
Earnings Estimates
Cyngn Inc (CYN) is currently under the scrutiny of 1 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is -$411, with high estimates of -$411 and low estimates of -$411.
Analysts are recommending an EPS of between -$1598.99 and -$1598.99 for the fiscal current year, implying an average EPS of -$1598.99.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $900k. There is a high estimate of $900k for the next quarter, whereas the lowest estimate is $900k.
A total of 1 analysts have provided revenue estimates for CYN’s current fiscal year. The highest revenue estimate was $4.6M, while the lowest revenue estimate was $4.6M, resulting in an average revenue estimate of $4.6M. In the same quarter a year ago, actual revenue was $368.14k
