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

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The closing price of Cyngn Inc (NASDAQ: CYN) was $0.07 for the day, down -7.28% from the previous closing price of $0.08. In other words, the price has decreased by -$7.28 from its previous closing price. On the day, 9.37 million shares were traded. CYN stock price reached its highest trading level at $0.0769 during the session, while it also had its lowest trading level at $0.0677.

Ratios:

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 7654289 and an Enterprise Value of -932582. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.35 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at -0.626 whereas that against EBITDA is 0.041.

Stock Price History:

The Beta on a monthly basis for CYN is -1.89, which has changed by -0.91463417 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. 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 -51.12%, while the 200-Day Moving Average is calculated to be -76.35%.

Shares Statistics:

CYN traded an average of 11.17M shares per day over the past three months and 8381550 shares per day over the past ten days. A total of 109.19M shares are outstanding, with a floating share count of 84.37M. Insiders hold about 22.73% of the company’s shares, while institutions hold 7.43% stake in the company. Shares short for CYN as of 1714435200 were 4341889 with a Short Ratio of 0.39, compared to 1711584000 on 2142688. Therefore, it implies a Short% of Shares Outstanding of 4341889 and a Short% of Float of 4.4099998000000005.

Earnings Estimates

The dynamic stock of Cyngn Inc (CYN) is currently attracting attention from 1.0 analysts actively involved in rating its market status.On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.06, while EPS last year was -$0.15. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.07 and low estimates of -$0.07.

Analysts are recommending an EPS of between -$0.26 and -$0.26 for the fiscal current year, implying an average EPS of -$0.26. EPS for the following year is -$0.08, with 1.0 analysts recommending between -$0.08 and -$0.08.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $360k to a low estimate of $360k. As of the current estimate, Cyngn Inc’s year-ago sales were $872kFor the next quarter, 1 analysts are estimating revenue of $540k. There is a high estimate of $540k for the next quarter, whereas the lowest estimate is $540k.

A total of 1 analysts have provided revenue estimates for CYN’s current fiscal year. The highest revenue estimate was $3.21M, while the lowest revenue estimate was $3.21M, resulting in an average revenue estimate of $3.21M. In the same quarter a year ago, actual revenue was $1.49MBased on 1 analysts’ estimates, the company’s revenue will be $19.64M in the next fiscal year. The high estimate is $19.64M and the low estimate is $19.64M.

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