NYSE:CANG Cango (CANG) Stock Price, News & Analysis $1.71 +0.04 (+2.40%) (As of 07/5/2024 08:52 PM ET) Add Compare Share Share Today's Range$1.67▼$1.7150-Day Range$1.43▼$1.8752-Week Range$0.92▼$1.96Volume15,300 shsAverage Volume57,662 shsMarket Capitalization$186.25 millionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Cango alerts: Email Address Ad Porter & CompanyWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…You must read this new presentation from Porter Stansberry. About Cango Stock (NYSE:CANG)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. It also provides automotive financing facilitation services that include facilitating financing transactions from financial institutions to car buyers, which comprises credit origination, credit assessment, credit servicing, and delinquent asset management services; facilitating financing transactions of car purchases for car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.Read More CANG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CANG Stock News HeadlinesJuly 6 at 6:33 AM | americanbankingnews.comCango (NYSE:CANG) Stock Price Down 1.2%June 12, 2024 | prnewswire.comCango Inc. Reports First Quarter 2024 Unaudited Financial ResultsJuly 8, 2024 | Paradigm Press (Ad)Biden to drop out; finish out his term?On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.June 7, 2024 | prnewswire.comCango Inc. to Report First Quarter 2024 Financial Results on June 12, 2024 Eastern TimeMay 29, 2024 | msn.comJOYY Inc. (NASDAQ:YY) Q1 2024 Earnings Call TranscriptMay 22, 2024 | msn.comAmericans involved in foiled deadly coup, DR Congo military saysMay 21, 2024 | finance.yahoo.comInvestors in Cango (NYSE:CANG) have unfortunately lost 32% over the last three yearsMay 11, 2024 | msn.comAll Fast Travel Locations in Little Kitty, Big CityJuly 8, 2024 | Paradigm Press (Ad)Biden to drop out; finish out his term?On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.April 26, 2024 | prnewswire.comCango Inc. Filed Its Annual Report on Form 20-FApril 24, 2024 | finance.yahoo.comCango Inc.'s (NYSE:CANG) largest shareholders are retail investors with 51% ownership, insiders own 28%April 23, 2024 | prnewswire.comCango Inc. Announces Up to US$50 Million New Share Repurchase ProgramApril 16, 2024 | msn.comFive amazing places to see in South AfricaApril 11, 2024 | finance.yahoo.comCANGO Mobility and MiTAC Announce Collaboration to Transform Fleet Management with Integrated Video Telematics and CANbus Data InsightApril 4, 2024 | msn.comFinancial, Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday TradingApril 3, 2024 | msn.com4 places where you can enjoy autumn in MzansiMarch 19, 2024 | msn.comNiger gov plans partnership with China on railway networkMarch 14, 2024 | ca.finance.yahoo.comBitcoin Sells Off 3%; Is Macro Risk Returning to Market?See More Headlines Receive CANG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cango and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings6/12/2024Today7/08/2024Next Earnings (Estimated)8/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNYSE:CANG CUSIPN/A CIK1725123 Webwww.cangoonline.com Phone862131835088FaxN/AEmployees632Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.04) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-5,330,000.00 Net Margins-2.30% Pretax Margin6.51% Return on Equity-0.72% Return on Assets-0.56% Debt Debt-to-Equity RatioN/A Current Ratio5.84 Quick Ratio5.84 Sales & Book Value Annual Sales$239.71 million Price / Sales0.78 Cash FlowN/A Price / Cash FlowN/A Book Value$4.94 per share Price / Book0.35Miscellaneous Outstanding Shares108,920,000Free Float77,223,000Market Cap$186.25 million OptionableNot Optionable Beta0.70 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Xiaojun Zhang (Age 52)Co-Founder & Chairman of the Board Mr. Jiayuan Lin (Age 55)Co-Founder, CEO & Director Mr. Yongyi Zhang (Age 51)CFO & Director Key CompetitorsNayaxNASDAQ:NYAXWeave CommunicationsNYSE:WEAVDefinitive HealthcareNASDAQ:DHSecureWorksNASDAQ:SCWXKingsoft CloudNASDAQ:KCView All CompetitorsInstitutional OwnershipCetera Advisors LLCBought 98,450 shares on 5/24/2024Ownership: 0.090%View All Institutional Transactions CANG Stock Analysis - Frequently Asked Questions How have CANG shares performed this year? Cango's stock was trading at $1.02 at the beginning of the year. Since then, CANG stock has increased by 67.6% and is now trading at $1.71. View the best growth stocks for 2024 here. How were Cango's earnings last quarter? Cango Inc. (NYSE:CANG) issued its earnings results on Wednesday, June, 12th. The company reported $0.11 EPS for the quarter. The firm earned $8.92 million during the quarter. Cango had a negative trailing twelve-month return on equity of 0.72% and a negative net margin of 2.30%. When did Cango IPO? Cango (CANG) raised $138 million in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 12,500,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley, BofA Merrill Lynch and Goldman Sachs (Asia) served as the underwriters for the IPO. How do I buy shares of Cango? 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. Compare Top Brokerages Here. What other stocks do shareholders of Cango own? Based on aggregate information from My MarketBeat watchlists, some other companies that Cango investors own include Gilead Sciences (GILD), BCE (BCE), Altria Group (MO), Algonquin Power & Utilities (AQN), Cinemark (CNK), GSK (GSK) and International Business Machines (IBM). This page (NYSE:CANG) was last updated on 7/8/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredI’m giving you the name of this investment for freeThis key unlocks a new pathway to wealth that has been kept hidden from you for decades. In my new documen...Porter & Company | SponsoredOperation Replace Biden is a GoLast night’s debate proved me right: Joe Biden will be replaced. 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Right now is a v...Crypto Swap Profits | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cango Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Cango With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. 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