Cango is an auto & truck dealerships business based in the US. Cango shares (CANG) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $3.76 – an increase of 10.59% over the previous week. Cango employs 632 staff and has a trailing 12-month revenue of around $266.7 million.
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| Latest market close | $3.76 |
|---|---|
| 52-week range | $0.92 - $4.20 |
| 50-day moving average | $2.06 |
| 200-day moving average | $1.71 |
| Wall St. target price | $3.05 |
| PE ratio | 19.5789 |
| Dividend yield | N/A |
| Earnings per share (TTM) | $0.19 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $3.69 from 2024-11-13
| 1 week (2024-11-08) | 8.53% |
|---|---|
| 1 month (2024-10-16) | 115.16% |
| 3 months (2024-08-16) | 99.46% |
| 6 months (2024-05-16) | 125.00% |
| 1 year (2023-11-16) | 232.43% |
|---|---|
| 2 years (2022-11-16) | 142.59% |
| 3 years (2021-11-16) | 169.50% |
| 5 years (2019-11-15) | 105.85% |
Valuing Cango stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cango's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Cango's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Cango shares trade at around 20x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Cango's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $124.8 million.
The EBITDA is a measure of a Cango's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $266.7 million |
|---|---|
| Operating margin TTM | 104.35% |
| Gross profit TTM | $-168,996,028 |
| Return on assets TTM | 1.54% |
| Return on equity TTM | 3.54% |
| Profit margin | 52.55% |
| Book value | $38.38 |
| Market Capitalization | $385.1 million |
TTM: trailing 12 months
We're not expecting Cango to pay a dividend over the next 12 months.
Over the last 12 months, Cango's shares have ranged in value from as little as $0.92 up to $4.2. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Cango's is 0.514. This would suggest that Cango's shares are less volatile than average (for this exchange).
Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturers, financial institutions, car buyers, insurance brokers, and companies in the People's Republic of China. The company offers automobile trading solutions comprising car sourcing, transaction facilitation, logistics, and warehousing support for dealers through Cango Haoche app that offers new car transaction services, and Cango U-Car app that offers used-car transaction services. It also provides automotive financing facilitation services that include facilitating financing transactions from financial institutions to car buyers, which comprises credit origination, credit assessment, credit servicing, and delinquent asset management services; facilitating financing transactions of car purchases for car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China. .
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