Cango (NYSE:CANG - Get Free Report) announced its earnings results on Thursday. The company reported $0.07 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $91.52 million for the quarter. Cango had a net margin of 51.90% and a return on equity of 3.55%.
Cango Trading Down 8.4 %
CANG stock traded down $0.29 during trading on Monday, hitting $3.11. The company had a trading volume of 115,484 shares, compared to its average volume of 479,789. The company has a market cap of $338.19 million, a P/E ratio of 18.26 and a beta of 0.76. The company has a fifty day moving average price of $4.42 and a two-hundred day moving average price of $3.44. Cango has a fifty-two week low of $1.32 and a fifty-two week high of $9.66.
About Cango
(
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Cango Inc operates an automotive transaction service platform that connects dealers, original equipment manufacturers, financial institutions, car buyers, insurance brokers, and companies in the People's Republic of China. The company offers automobile trading solutions comprising car sourcing, transaction facilitation, logistics, and warehousing support for dealers through Cango Haoche app that offers new car transaction services, and Cango U-Car app that offers used-car transaction services.
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