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NYSE:CANG

Cango (CANG) Stock Price, News & Analysis

Cango logo
$4.93 +0.12 (+2.49%)
Closing price 08/18/2025 03:59 PM Eastern
Extended Trading
$4.94 +0.02 (+0.30%)
As of 04:03 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Cango Stock (NYSE:CANG)

Key Stats

Today's Range
$4.77
$5.02
50-Day Range
$4.12
$5.36
52-Week Range
$1.40
$9.66
Volume
342,119 shs
Average Volume
564,134 shs
Market Capitalization
$511.64 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00
Consensus Rating
Buy

Company Overview

Cango Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
66th Percentile Overall Score

CANG MarketRank™: 

Cango scored higher than 66% of companies evaluated by MarketBeat, and ranked 657th out of 1,336 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cango has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Cango has only been the subject of 1 research reports in the past 90 days.

  • Read more about Cango's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cango is -246.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cango is -246.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Cango has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Cango's valuation and earnings.
  • Percentage of Shares Shorted

    1.92% of the float of Cango has been sold short.
  • Short Interest Ratio / Days to Cover

    Cango has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cango has recently decreased by 11.76%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Cango does not currently pay a dividend.

  • Dividend Growth

    Cango does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.92% of the float of Cango has been sold short.
  • Short Interest Ratio / Days to Cover

    Cango has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cango has recently decreased by 11.76%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Cango has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.75 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Cango this week, compared to 3 articles on an average week.
  • Search Interest

    5 people have searched for CANG on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cango insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    29.10% of the stock of Cango is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 4.22% of the stock of Cango is held by institutions.

  • Read more about Cango's insider trading history.
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CANG Stock News Headlines

Trump’s national nightmare is here
Porter Stansberry and Jeff Brown say a new U.S. national emergency is already underway — and it could trigger the biggest forced rotation of capital since World War II. They reveal why Trump is mobilizing America’s tech giants… and name the two stocks most likely to soar as trillions shift behind the scenes.
See More Headlines

CANG Stock Analysis - Frequently Asked Questions

Cango's stock was trading at $4.40 at the beginning of the year. Since then, CANG shares have increased by 12.0% and is now trading at $4.93.

Cango Inc. Sponsored ADR (NYSE:CANG) posted its quarterly earnings data on Thursday, March, 6th. The company reported $0.07 earnings per share (EPS) for the quarter. The company earned $91.52 million during the quarter. Cango had a trailing twelve-month return on equity of 0.11% and a net margin of 0.24%.
Read the conference call transcript
.

Cango's Board of Directors authorized a stock buyback program on Thursday, March 13th 2025, which allows the company to repurchase $0 in outstanding shares, according to EventVestor. This allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

Cango (CANG) raised $138 million in an IPO on Thursday, July 26th 2018. The company issued 12,500,000 shares at $10.00-$12.00 per share. Morgan Stanley, BofA Merrill Lynch and Goldman Sachs (Asia) served as the underwriters for the IPO.

Cango's top institutional shareholders include Jump Financial LLC (0.05%).

Shares of CANG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cango investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), PayPal (PYPL) and Arista Networks (ANET).

Company Calendar

Last Earnings
3/06/2025
Today
8/18/2025
Next Earnings (Estimated)
8/27/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
INTERNET SERVICES
Sub-Industry
Computer Software
Current Symbol
NYSE:CANG
CIK
1725123
Fax
N/A
Employees
2,350
Year Founded
2010

Price Target and Rating

High Price Target
$8.00
Low Price Target
$8.00
Potential Upside/Downside
+62.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.02)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$41.07 million
Net Margins
0.24%
Pretax Margin
-0.41%
Return on Equity
0.11%
Return on Assets
0.08%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.41
Quick Ratio
1.41

Sales & Book Value

Annual Sales
$110.21 million
Price / Sales
4.64
Cash Flow
$0.54 per share
Price / Cash Flow
9.20
Book Value
$5.39 per share
Price / Book
0.91

Miscellaneous

Outstanding Shares
103,780,000
Free Float
73,582,000
Market Cap
$511.64 million
Optionable
Not Optionable
Beta
0.74
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This page (NYSE:CANG) was last updated on 8/19/2025 by MarketBeat.com Staff
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