Ratios Revealed: Decoding Cyngn Inc (CYN)’s Financial Health

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The closing price of Cyngn Inc (NASDAQ: CYN) was $0.10 for the day, up 11.57% from the previous closing price of $0.09. In other words, the price has increased by $11.57 from its previous closing price. On the day, 29.61 million shares were traded. CYN stock price reached its highest trading level at $0.1034 during the session, while it also had its lowest trading level at $0.0878.


Our analysis of CYN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.66 and its Current Ratio is at 3.70. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.02.

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 14055220 and an Enterprise Value of 10136138. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.67 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 16.295 whereas that against EBITDA is -0.438.

Stock Price History:

Over the past 52 weeks, CYN has reached a high of $1.25, while it has fallen to a 52-week low of $0.07. The 50-Day Moving Average of the stock is -15.49%, while the 200-Day Moving Average is calculated to be -57.90%.

Shares Statistics:

CYN traded an average of 21.68M shares per day over the past three months and 18241390 shares per day over the past ten days. A total of 141.54M shares are outstanding, with a floating share count of 108.81M. Insiders hold about 23.13% of the company’s shares, while institutions hold 2.67% stake in the company. Shares short for CYN as of 1715731200 were 698687 with a Short Ratio of 0.03, compared to 1713139200 on 2421585. Therefore, it implies a Short% of Shares Outstanding of 698687 and a Short% of Float of 0.5.

Most Popular