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The price of Cyngn Inc (NASDAQ: CYN) closed at $6.83 in the last session, up 14.41% from day before closing price of $5.97. In other words, the price has increased by $14.41 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
We take a closer look at CYN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.22 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 0.10 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 119.60 while its Price-to-Book (P/B) ratio in mrq is 0.01.
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 $5.86. The 50-Day Moving Average of the stock is -91.15%, while the 200-Day Moving Average is calculated to be -98.97%.
Shares Statistics:
Insiders hold about 1.54% of the company’s shares, while institutions hold 3.24% stake in the company.
Earnings Estimates
The market rating for Cyngn Inc (CYN) is a result of the insights provided by 1.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$2420.99 and -$2420.99 for the fiscal current year, implying an average EPS of -$2420.99. EPS for the following year is -$1625.99, with 1.0 analysts recommending between -$1625.99 and -$1625.99.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $400k. It ranges from a high estimate of $400k to a low estimate of $400k. As of the current estimate, Cyngn Inc’s year-ago sales were $40.36k
A total of 1 analysts have provided revenue estimates for CYN’s current fiscal year. The highest revenue estimate was $614k, while the lowest revenue estimate was $614k, resulting in an average revenue estimate of $614k. In the same quarter a year ago, actual revenue was $1.49MBased on 1 analysts’ estimates, the company’s revenue will be $5.2M in the next fiscal year. The high estimate is $5.2M and the low estimate is $5.2M.
