Cyngn Inc

Company Profile

Cyngn Inc had its IPO on 2021-10-20 under the ticker symbol CYN.

The company operates in the Technology sector and Software-Application industry. Cyngn Inc has a staff strength of 66 employees.

Stock update

Shares of Cyngn Inc opened at $0.6 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.59 - $0.64, and closed at $0.61.

This is a +3.05% increase from the previous day's closing price.

A total volume of 52,760 shares were traded at the close of the day’s session.

In the last one week, shares of Cyngn Inc have increased by +0.33%.

Cyngn Inc's Key Ratios

Cyngn Inc has a market cap of $32.14 million, indicating a price to book ratio of 0.8659 and a price to sales ratio of 0.

In the last 12-months Cyngn Inc’s revenue was $1.13 million with a gross profit of $75177 and an EBITDA of $-21207100. The EBITDA ratio measures Cyngn Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cyngn Inc’s operating margin was -1888.17% while its return on assets stood at -66.27% with a return of equity of -109.45%.

In Q1, Cyngn Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Cyngn Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.62 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . 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 Cyngn Inc’s profitability.

Cyngn Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0.1821. Its price to sales ratio in the trailing 12-months stood at 0.

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

Balance sheet and cash flow metrics

Total Assets

$20.33 million

Total Liabilities

$913934.00

Operating Cash Flow

$0

Capital Expenditure

$492484

Dividend Payout Ratio

0%

Cyngn Inc ended 2024 with $20.33 million in total assets and $0 in total liabilities. Its intangible assets were valued at $20.33 million while shareholder equity stood at $19.42 million.

Cyngn Inc ended 2024 with $0 in deferred long-term liabilities, $913934.00 in other current liabilities, 337.00 in common stock, $-141358797.00 in retained earnings and $0 in goodwill. Its cash balance stood at $7.97 million and cash and short-term investments were $16.96 million. The company’s total short-term debt was $238,600 while long-term debt stood at $0.

Cyngn Inc’s total current assets stands at $18.34 million while long-term investments were $0 and short-term investments were $8.99 million. Its net receivables were $0 compared to accounts payable of $443599.00 and inventory worth $0.

In 2024, Cyngn Inc's operating cash flow was $0 while its capital expenditure stood at $492484.

Comparatively, Cyngn Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.61

52-Week High

$1.8

52-Week Low

$0.582

Analyst Target Price

$7.5

Cyngn Inc stock is currently trading at $0.61 per share. It touched a 52-week high of $1.8 and a 52-week low of $1.8. Analysts tracking the stock have a 12-month average target price of $7.5.

Its 50-day moving average was $0.82 and 200-day moving average was $0.93 The short ratio stood at 3.06 indicating a short percent outstanding of 0%.

Around 162.6% of the company’s stock are held by insiders while 5326.2% are held by institutions.