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How to buy Cango stock

Learn how to easily invest in Cango stock.

Cango Inc
NYSE: CANG - USD
$2.15
- $0.03 ( - 1.38%)
AUTO & TRUCK DEALERSHIPS

Cango Inc 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. Cango employs 2,351 staff and has a trailing 12-month revenue of around $2.9 billion.

How to buy shares in Cango

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – CANG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Cango stock price (NYSE: CANG)

Use our graph to track the performance of CANG stocks over time.

Cango shares at a glance

Information last updated 2022-09-26.
Latest market close$2.18
52-week range$0.98 - $3.38
50-day moving average $2.47
200-day moving average $2.83
Wall St. target price$3.45
PE ratio 18.1667
Dividend yield $0 (4.52%)
Earnings per share (TTM) $0.12

Buy Cango shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
1 - 8 of 8
Name Product Asset types Stock trade fee Minimum deposit Signup bonus
SoFi Invest
Stocks, ETFs, Cryptocurrency
$0
$0
$10 - $100
when you open an account and place a first crypto trade of $50 - $5,000+
A free way to invest in most equities.
eToro
Stocks, ETFs, Cryptocurrency
$0
$10
8%-12% of your deposit
when you sign up and deposit at least $50. T&Cs apply.
Trade stocks in the app or online with $0 commissions. Not available in NY, NV, MN, TN, and HI.
Public
Stocks, ETFs, Cryptocurrency
$0
$0
Receive a free stock slice worth between $3–$300
when you sign up for an account and deposit at least $20.
Commission-free trading in stocks and ETFs with a social networking twist.
Tastyworks
Stocks, Options, ETFs, Cryptocurrency
$0
$0
$200 in US stocks
when you open and fund an account with min. $2,000 for 3+ mos.
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
JPMorgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0
$0
$125 - $625
when you open and fund an account with $25,000 - $250,000+
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Robinhood
Stocks, Options, ETFs, Cryptocurrency
$0
$0
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn 3% interest on uninvested cash in your account with Robinhood Gold.
Ally Invest Self-Directed Trading
Stocks, Bonds, Options, Mutual funds, ETFs
$0
$0
$100
when you deposit or transfer $10,000–$24,900
500+ commission-free ETFs, some of the industry's lowest fees plus a cash bonus up to $3,000.
Tradier
Stocks, Options, ETFs
$0
$0
N/A
Customize your trade platform or build your own Deep tools, charts and screens Analyzers to help you study before you trade
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Compare up to 4 providers

*Signup bonus information updated weekly.

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.

Is it a good time to buy Cango stock?

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.

Cango price performance over time

Historical closes compared with the close of $2.18 from 2022-09-23

1 week (2022-09-16) 6.86%
1 month (2022-08-23) N/A
3 months (2022-06-27) -18.96%
6 months (2022-03-23) N/A
1 year (2021-09-27) -48.83%
2 years (2020-09-25) -56.14%
3 years (2019-09-27) 5.38
5 years (2017-09-23) N/A

Is Cango stock undervalued or overvalued?

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 P/E ratio

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 18x. In other words, Cango shares trade at around 18x 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 financials

Revenue TTM $2.9 billion
Gross profit TTM $760.3 million
Return on assets TTM -2.73%
Return on equity TTM -10.77%
Profit margin -24.4%
Book value $42.63
Market capitalisation $302.4 million

TTM: trailing 12 months

Cango share dividends

We're not expecting Cango to pay a dividend over the next 12 months.

Cango share price volatility

Over the last 12 months, Cango's shares have ranged in value from as little as $0.9778 up to $3.38. A popular way to gauge a stock's volatility is its "beta".

CANG.US volatility(beta: 0.98)Avg. volatility(beta: 1.00)LowHigh

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 0.978. This would suggest that Cango's shares are less volatile than average (for this exchange).

Cango overview

Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People's Republic of China. The company offers automobile trading solutions, including car sourcing, logistics, and warehousing support for dealers; and facilitation of car purchases for car buyers. It also facilitates automotive financing services that include facilitating financing transactions from financial institutions to 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. .

Frequently asked questions

What percentage of Cango is owned by insiders or institutions?
Currently 8.647% of Cango shares are held by insiders and 31.98% by institutions.
How many people work for Cango?
Latest data suggests 2,351 work at Cango.
When does the fiscal year end for Cango?
Cango's fiscal year ends in December.
Where is Cango based?
Cango's address is: New Bund Oriental Plaza II, Shanghai, China, 200124
What is Cango's ISIN number?
Cango's international securities identification number is: US1375861036
What is Cango's CUSIP number?
Cango's Committee on Uniform Securities Identification Procedures number is: 137586103

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