Who holds Cango (Cango) stock?
Find the latest Cango Inc. (CANG) stock quote, history, news and other vital information to help you with your stock trading and investing.
Where can I buy shares of Cang?
Real time Cango Inc (CANG) stock price quote, stock graph, news & analysis.
What does Cang stand for?
Mar 29, 2022 · Cango's stock was trading at $6.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CANG shares have decreased by 65.0% and is now trading at $2.40. View which stocks have been most impacted by COVID-19.
When is Cango's next quarterly earnings announcement?
Apr 08, 2022 · Real-time trade and investing ideas on Cango Inc. CANG from the largest community of traders and investors. Real-time trade and investing ideas on Cango Inc. CANG from the largest community of traders and investors. Rooms Shows Rankings Earnings Newsletters Shop. Cancel. Log In. Sign Up. DOW 0.00%. S&P 500 0.00%. NASDAQ 0.00%.
Is Cang stock a good buy?
Is CANGO Stock a good buy in 2022, according to Wall Street analysts? The consensus among 1 Wall Street analyst covering (NYSE: CANG) stock is to Hold CANG stock.
What does the company Cango do?
Cango Inc. is a leading automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. Founded in 2010 by a group of pioneers in China's auto finance industry, the Company is headquartered in Shanghai and has a nationwide business.
What is the meaning of Cango?
Definition. CANGO. Coordinating Assembly of Non Governmental Organizations.
How has Cango's stock price been impacted by Coronavirus?
Cango's stock was trading at $6.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since t...
When is Cango's next earnings date?
Cango is scheduled to release its next quarterly earnings announcement on Monday, May 30th 2022. View our earnings forecast for Cango .
How were Cango's earnings last quarter?
Cango Inc. (NYSE:CANG) announced its quarterly earnings results on Thursday, March, 10th. The company reported $1.04 earnings per share (EPS) for t...
What guidance has Cango issued on next quarter's earnings?
Cango issued an update on its first quarter 2022 earnings guidance on Thursday, March, 17th. The company provided EPS guidance of for the period. T...
Who are Cango's key executives?
Cango's management team includes the following people: Jia Yuan Lin , Chief Executive Officer & Director Yong Yi Zhang , Chief Financial Officer...
Who are some of Cango's key competitors?
Some companies that are related to Cango include Cellebrite DI (CLBT) , Consensus Cloud Solutions (CCSI) , Sumo Logic (SUMO) , UserTesting (USE...
What other stocks do shareholders of Cango own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Cango investors own include Gilead Sciences (GILD) , BCE...
When did Cango IPO?
(CANG) raised $138 million in an initial public offering on Thursday, July 26th 2018. The company issued 12,500,000 shares at $10.00-$12.00 per sha...
What is Cango's stock symbol?
Cango trades on the New York Stock Exchange (NYSE) under the ticker symbol "CANG."
What stocks does MarketBeat like better than Cango?
Are investors shorting Cango?
Wall Street analysts have given Cango a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cango wasn't one of them.
When is Cango's next earnings date?
Cango saw a drop in short interest in July. As of July 30th, there was short interest totaling 790,400 shares, a drop of 30.1% from the July 15th total of 1,130,000 shares. Based on an average daily trading volume, of 449,000 shares, the days-to-cover ratio is presently 1.8 days.
How were Cango's earnings last quarter?
Cango is scheduled to release its next quarterly earnings announcement on Monday, November 22nd 2021.#N#View our earnings forecast for Cango.
How has Cango's stock been impacted by Coronavirus (COVID-19)?
Cango Inc. (NYSE:CANG) announced its quarterly earnings data on Wednesday, August, 18th. The company reported $3.89 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.25 by $3.64. Cango had a trailing twelve-month return on equity of 48.38% and a net margin of 99.11%.#N#View Cango's earnings history.
How often does Cango pay dividends? What is the dividend yield for Cango?
Cango's stock was trading at $6.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CANG stock has decreased by 33.7% and is now trading at $4.54.#N#View which stocks have been most impacted by COVID-19.
What guidance has Cango issued on next quarter's earnings?
Cango declared a -- dividend on Friday, March 12th. Investors of record on Monday, March 22nd will be paid a dividend of $1.00 per share on Thursday, April 8th. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, March 19th.
Cango Inc Stock Prices: 52-Week
Cango issued an update on its third quarter 2021 earnings guidance on Thursday, September, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $108.42 million-$116.16 million.
Is Cango Inc a buy?
CANG 52-week high stock quote is $16.66, which is 271.00% above the current share price
Cango Inc Price Target
According to 1 analysts, the current consensus recommendation for Cango Inc stock is "Hold" at an average rating score of 3.00 (out of 5)
Earnings Forecast for Cango Inc Stock (NYSE:CANG)
Based on 1 analysts offering 12 month price target forecasts for Cango Inc stock, the average price target for CANG is $6.60
Revenue Forecast for CANG Stock
According to 1 analysts, the average EPS forecast for Cango Inc stock for June 30, 2021 is $1.62, with a low forecast at $1.62 and a high forecast at $1.62
How much money does Cango inc make?
According on 0 analysts, the average revenue forecast for CANG stock for June 30, 2021 is $882.04M, with a low forecast at $0.00 and a high forecast at $0.00
How much dividend does Cango inc Pay?
Last quarter (ended on June 30 ,2021) Cango inc generated a net income of $557.74M, representing a 87.41% decrease compared to the same quarter a year before (ended on June 30 ,2020 ).
What is the PEG ratio of Cango?
The current annualized dividend payout for CANG stock is $0.00, the dividend yield is 4.52% and the payout ratio is 26.77%.
Where is Cango located?
With a one year PEG ratio of 0.15, Cango Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than only 1.16% of US stocks.
Signals & Forecast
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 based in Shanghai, China.
Support, Risk & Stop-loss
The Cango Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $4.23 and $4.14.
Is Cango Inc. stock A Buy?
On the downside, the stock finds support just below today's level from accumulated volume at $4.04 and $3.88. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Cango Inc. finds support just below today's level at $4.04.
Why does the stock price rise?
Cango Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
What can affect the stock price?
If a company produces a good that not many others produce or a good that is highly desired or necessary, the price of its stock will climb because the demand is high. When the supply of the good balances out with the demand, stock prices will tend to plateau. If the supply is greater than the demand, the company’s share price will likely drop.
How do traders make money?
One other point of note that can significantly affect the stock price is the mention of the company’s name in the news, on social media, or by word of mouth. It is specifically in regard to one of two events: a scandal or a success. Scandals – true or untrue – can cause a company’s share price to drop, simply by being associated with anything ...
Why does the stock market go up and down?
Traders aim to make a return on their investments. It is done in two primary ways: 1 Dividends#N#Dividend A dividend is a share of profits and retained earnings that a company pays out to its shareholders. When a company generates a profit and accumulates retained earnings, those earnings can be either reinvested in the business or paid out to shareholders as a dividend.#N#– If the company’s stock pays dividends, regular payments are made to shareholders for every share held 2 Purchasing shares when they are at a low price and selling them back once the price goes up
What is the difference between a private and a public company?
The price of a stock will go up and down in relation to a number of different factors, including changes within the economy as a whole, changes within industries, political events, war, and environmental changes.
How are stock prices determined?
Private vs Public Company The main difference between a private vs public company is that the shares of a public company are traded on a stock exchange, while a private company's shares are not. , when its shares are issued , are given a price – an assignment of their value that ideally reflects the value of the company itself.
What are supply and demand?
Stock prices are first determined by a company’s initial public offering (IPO) Initial Public Offering (IPO) An Initial Public Offering (IPO) is the first sale of stocks issued by a company to the public.
What is price change?
Supply and Demand The laws of supply and demand are microeconomic concepts that state that in efficient markets, the quantity supplied of a good and quantity. . 2. Management or production changes. Changes in management or production can also cause a company’s share price to rise or fall.
Why is a company concerned about its stock price?
The price change is a core component of financial analysis. Predicting price changes can be as, if not more, important than the change itself. Price change forms one of the two factors that comprise the total return from an investment over a period of time. The second factor is any dividends or distributions obtained from the investment.
Why are price changes important?
A company also might be concerned with its stock price because it fears a takeover; an acquiring company might pursue a takeover if it believes that the target company is well priced. If a company and its stock price are performing well, the company likely would receive more favorable press from analysts and the media.
What is percentage price change?
Why Price Changes Are Important. A security's price likely is the most visible barometer of an issuer's financial health. Companies, their management, shareholders, and investment banks are some of the constituents that care about changes in securities' prices. So, whenever a stock's price increases or decreases, ...
What happens when a security's price changes?
The percentage price change is generally the norm for computing asset performance. It is important to remember that percentage-based price changes are useful only in the context of the number of dollars at play. A 75% change in the price of a box of cereal, for example, may only involve a few dollars while a 75% change in the price of Berkshire Hathaway may involve thousands of dollars.
Who is Carla Tardi?
When a security’s price changes positively, its value increases, and it might attract the attention of more investors who would buy shares in the hopes of seeing higher returns. Price changes naturally can include declines, in which case investors tend to sell off stock, which could negate any gains.
What is liquidity in stocks?
Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. Learn about our editorial policies. Carla Tardi. Updated Aug 22, 2019.
What drives stock prices?
Liquidity is an important and sometimes under-appreciated factor. It refers to how much interest from investors a specific stock attracts . Wal-Mart's stock, for example, is highly liquid and therefore highly responsive to material news; the average small-cap company is less so. 3 Trading volume is not only a proxy for liquidity, but it is also a function of corporate communications (that is, the degree to which the company is getting attention from the investor community). Large-cap stocks have high liquidity—they are well followed and heavily transacted. Many small-cap stocks suffer from an almost permanent "liquidity discount" because they simply are not on investors' radar screens.
Why do stocks move up?
Stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand at that point in time in the market. Fundamental factors drive stock prices based on a company's earnings and profitability from producing and selling goods and services. Technical factors relate to a stock's price history ...
Who is David Harper?
Often a stock simply moves according to a short-term trend. On the one hand, a stock that is moving up can gather momentum, as "success breeds success" and popularity buoys the stock higher. On the other hand, a stock sometimes behaves the opposite way in a trend and does what is called reverting to the mean. Unfortunately, because trends cut both ways and are more obvious in hindsight, knowing that stocks are "trendy" does not help us predict the future.
What is FFO in real estate?
Forces That Move Stock Prices. David Harper is the CEO and founder of Bionic Turtle. He is also a published author with a popular YouTube channel on expert finance topics. Thomas Brock is a well-rounded financial professional, with over 20 years of experience in investments, corporate finance, and accounting. ...
Is inflation bad for stocks?
Real estate investment trusts (REITs), for example, use a special measure of earnings power called funds from operations (FFO). Relatively mature companies are often measured by dividends per share, which represents what the shareholder actually receives.
What is valuation multiple?
2 Deflation, on the other hand, is generally bad for stocks because it signifies a loss in pricing power for companies.
