Our top pick for
Cango Inc is an internet content & information business based in the US. Cango shares (CANG) are listed on the NYSE and all prices are listed in US Dollars. Cango employs 3,189 staff and has a market cap (total outstanding shares value) of USD$1.1 billion.
|Latest market close||USD$8.06|
|52-week range||USD$4.2 - USD$9.8|
|50-day moving average||USD$7.3579|
|200-day moving average||USD$5.8906|
|Wall St. target price||USD$6.6|
|Dividend yield||N/A (4.52%)|
|Earnings per share (TTM)||USD$0.114|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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.
|1 week (2021-01-09)||N/A|
|1 month (2020-12-18)||9.66%|
|3 months (2020-10-16)||34.78%|
|6 months (2020-07-17)||61.20%|
|1 year (2020-01-17)||-5.18%|
|2 years (2019-01-18)||14.33%|
|3 years (2018-01-16)||N/A|
|5 years (2016-01-16)||N/A|
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 64x. In other words, Cango shares trade at around 64x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
|Gross profit TTM||USD$844.3 million|
|Return on assets TTM||1.58%|
|Return on equity TTM||31.18%|
|Market capitalisation||USD$1.1 billion|
TTM: trailing 12 months
There are currently 22,691 Cango shares held short by investors – that's known as Cango's "short interest". This figure is 2030.6% up from 1,065 last month.
There are a few different ways that this level of interest in shorting Cango shares can be evaluated.
Cango's "short interest ratio" (SIR) is the quantity of Cango shares currently shorted divided by the average quantity of Cango shares traded daily (recently around 206281.81818182). Cango's SIR currently stands at 0.11. In other words for every 100,000 Cango shares traded daily on the market, roughly 110 shares are currently held short.
However Cango's short interest can also be evaluated against the total number of Cango shares, or, against the total number of tradable Cango shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cango's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Cango shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Cango shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Cango.
Find out more about how you can short Cango stock.
Dividend payout ratio: 12.6% of net profits
Recently Cango has paid out, on average, around 12.6% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.52% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Cango shareholders could enjoy a 4.52% return on their shares, in the form of dividend payments. In Cango's case, that would currently equate to about $N/A per share.
While Cango's payout ratio might seem low, this can signify that Cango is investing more in its future growth.
Cango's most recent dividend payout was on 18 May 2020. The latest dividend was paid out to all shareholders who bought their shares by 1 May 2020 (the "ex-dividend date").
Over the last 12 months, Cango's shares have ranged in value from as little as $4.2 up to $9.8. 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 1.654. This would suggest that Cango's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Cango Inc. operates an automotive transaction service platform that connects dealers, financial institutions, car buyers, and other industry participants in the People's Republic of China. It facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; automotive transactions between automotive wholesalers, dealers, and car buyers; and after-market services to car buyers. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.
Everything we know about the CDT Environmental Technology Investment Holdings Limited IPO, plus information on how to buy in.
Everything we know about the Viant Technology Inc IPO, plus information on how to buy in.
Steps to owning and managing EVGN, with 24-hour and historical pricing before you buy.
Steps to owning and managing ETL, with 24-hour and historical pricing before you buy.
Steps to owning and managing EQBK, with 24-hour and historical pricing before you buy.
Steps to owning and managing EIGI, with 24-hour and historical pricing before you buy.
Steps to owning and managing ELTK, with 24-hour and historical pricing before you buy.
Steps to owning and managing DNKN, with 24-hour and historical pricing before you buy.
Steps to owning and managing DKL, with 24-hour and historical pricing before you buy.
Steps to owning and managing DMAC, with 24-hour and historical pricing before you buy.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.