Cango Inc

Company Profile

Cango Inc had its IPO on 2018-07-26 under the ticker symbol CANG.

The company operates in the Technology sector and SERVICES-PREPACKAGED SOFTWARE industry. Cango Inc has a staff strength of 0 employees.

Stock update

Shares of Cango Inc opened at $2.5 at the start of the last trading session i.e. 2022-11-02.

The stocks traded within a range of $2.36 - $2.53, and closed at $2.37.

This is a -1.25% slip from the previous day's closing price.

A total volume of 70,440 shares were traded at the close of the day’s session.

In the last one week, shares of Cango Inc have slipped by -21%.

Cango Inc's Key Ratios

Cango Inc has a market cap of $0.329 billion, indicating a price to book ratio of 0.431 and a price to sales ratio of 0.112.

In the last 12-months Cango Inc’s revenue was $2.928 billion with a gross profit of $0.760 billion and an EBITDA of $-0.440 billion. The EBITDA ratio measures Cango Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cango Inc’s operating margin was -15.3% while its return on assets stood at -2.73% with a return of equity of -10.8%.

In Q2, Cango Inc’s quarterly earnings growth was a negative -91.5% while revenue growth was a negative 69.5%.

Cango Inc’s PE and PEG Ratio

Forward PE

-

Trailing PE

19.75

PEG

None

Its diluted EPS in the last 12-months stands at $0.12 per share while it has a forward price to earnings multiple of - and a PEG multiple of None. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cango Inc’s profitability.

Cango Inc stock is trading at a EV to sales ratio of 0.0248 and a EV to EBITDA ratio of -0.0866. Its price to sales ratio in the trailing 12-months stood at 0.112.

Cango Inc stock pays annual dividends of $0 per share, indicating a yield of 4.52% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$0.000 billion

Total Liabilities

$0.000 billion

Operating Cash Flow

$0.000 billion

Capital Expenditure

$0.000 billion

Dividend Payout Ratio

0%

Cango Inc ended 1970 with $0.000 billion in total assets and $131.2 billion in total liabilities. Its intangible assets were valued at $0.000 billion while shareholder equity stood at $0.000 billion.

Cango Inc ended 1970 with $0.000 billion in deferred long-term liabilities, $0.000 billion in other current liabilities, billion in common stock, $0.000 billion in retained earnings and $0.000 billion in goodwill. Its cash balance stood at $0.000 billion and cash and short-term investments were $0.000 billion. The company’s total short-term debt was $0.000 billion while long-term debt stood at $0.000 billion.

Cango Inc’s total current assets stands at $0.000 billion while long-term investments were $0.000 billion and short-term investments were $0.000 million. Its net receivables were $0.000 billion compared to accounts payable of $0.000 billion and inventory worth $0.000 billion.

In 1970, Cango Inc's operating cash flow was $0.000 billion while its capital expenditure stood at $0.000 billion.

Comparatively, Cango Inc paid $0 billion in dividends in 1970.

Other key metrics

Current Trading Price

$2.37

52-Week High

$3.38

52-Week Low

$0.978

Analyst Target Price

$3.45

Cango Inc stock is currently trading at $2.37 per share. It touched a 52-week high of $3.38 and a 52-week low of $3.38. Analysts tracking the stock have a 12-month average target price of $3.45.

Its 50-day moving average was $0 and 200-day moving average was $0 The short ratio stood at indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0% are held by institutions.