Cango Inc. (CANG)

NYSE: CANG · IEX Real-Time Price · USD
1.34
-0.05 (-3.60%)
At close: Dec 5, 2022 4:00 PM
1.35
+0.01 (0.75%)
After-hours: Dec 5, 2022 7:24 PM EST
-3.6%
Market Cap 192.85M
Revenue (ttm) 353.32M
Net Income (ttm) -59.46M
Shares Out 275.23M
EPS (ttm) 0.12
PE Ratio 11.17
Forward PE n/a
Dividend $2.00 (149.25%)
Ex-Dividend Date Nov 25, 2022
Volume 447,966
Open 1.42
Previous Close 1.39
Day's Range 1.3 - 1.42
52-Week Range 1.22 - 3.82
Beta 0.96
Analysts Sell
Price Target 3.06 (+128.4%)
Earnings Date Nov 30, 2022

About CANG

Cango Inc. operates an automotive transaction service platform that connects dealers, original equipment manufacturer, financial institutions, car buyers, and other industry participants in the People's Republic of China. The company offers automobile trading solutions, including car sourcing, logistics, and warehousing support for dealers; and facilitation of car purchases for car buyers. It also facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; and after-marke... [Read more]

Industry Internet & Direct Marketing Retail
IPO Date Jul 26, 2018
Employees 2,351
Stock Exchange NYSE
Ticker Symbol CANG
Full Company Profile

Financial Performance

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CANG stock is "Sell." The 12-month stock price forecast is 3.06, which is an increase of 128.36% from the latest price.

Price Target
$3.06
(128.36% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Cango Inc. Reports Third Quarter 2022 Unaudited Financial Results

SHANGHAI , Nov. 29, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results f...

6 days ago - PRNewsWire

Cango Inc. to Report Third Quarter 2022 Financial Results on November 29, 2022 Eastern Time

SHANGHAI , Nov. 23, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its thir...

1 week ago - PRNewsWire

Cango Inc. Announces Ex-dividend Date

SHANGHAI , Oct. 17, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that November 25, 2022 (Eastern T...

1 month ago - PRNewsWire

Why Cango Stock Was Soaring Earlier Today

The stock's high dividend yield comes with a risky proposition.

1 month ago - The Motley Fool

Cango Inc. Declares Special Cash Dividend

SHANGHAI , Oct. 11, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that its Board of Directors has a...

1 month ago - PRNewsWire

Cango Inc. Reports Second Quarter 2022 Unaudited Financial Results

SHANGHAI , Aug. 29, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results f...

3 months ago - PRNewsWire

Cango Inc. to Report Second Quarter 2022 Financial Results on August 29, 2022 Eastern Time

SHANGHAI , Aug. 25, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its seco...

3 months ago - PRNewsWire

Macro Headwinds Accelerate Cango's Drive to Car Trading from Auto Finance

Key Takeaways: Cango's revenue fell 30% in the first quarter, led by a 74% decline in its legacy auto financing business that the company is de-emphasizing in favor of broader auto trading services The ...

5 months ago - Benzinga

Cango Inc. Launches Cango Haoche APP

SHANGHAI , June 21, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that the Company launched its Can...

5 months ago - PRNewsWire

Cango Inc. Reports First Quarter 2022 Unaudited Financial Results

SHANGHAI , June 9, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results fo...

5 months ago - PRNewsWire

Cango Inc. to Report First Quarter 2022 Financial Results on June 9, 2022 Eastern Time

SHANGHAI, June 6, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its first ...

5 months ago - PRNewsWire

Cango Inc. Announces a Change to Its Board of Directors

SHANGHAI , May 19, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that Mr. Xiaoyu Liu has tendered h...

6 months ago - PRNewsWire

Cango Inc. Filed Its Annual Report on Form 20-F

SHANGHAI , April 26, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it filed its annual report ...

7 months ago - PRNewsWire

Cango Inc. Announces Certain Updates

SHANGHAI, April 22, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced (i) the declaration of a special ...

7 months ago - PRNewsWire

Cango Inc. Reports Fourth Quarter and Full Year 2021 Unaudited Financial Results

SHANGHAI, March 10, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results f...

8 months ago - PRNewsWire

Cango Inc. to Report Fourth Quarter and Full Year 2021 Financial Results on March 10, 2022 Eastern Time

SHANGHAI, March 8, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its fourt...

8 months ago - PRNewsWire

Cango Wins 2021 Philanthropy Practice Award

SHANGHAI, Feb. 18, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that Cango received a "2021 Philan...

9 months ago - PRNewsWire

Cango Wins Tonghuashun Best IR Award

SHANGHAI, Jan. 24, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that Cango received Tonghuashun's ...

10 months ago - PRNewsWire

A Duo of Net Current Asset Value Stocks to Consider

There are some investors who buy U.S.-listed stocks that are trading below their liquidation values because they believe they can gain a lot from these stocks after the market has reappraised the share ...

Other symbols: AFIB
10 months ago - GuruFocus

Cango Haoche's Display Function Drives Auto Sales

SHANGHAI, Jan. 12, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that "Cango Haoche," its B2B WeCha...

10 months ago - PRNewsWire

Cango Wins "Best Investment Value for Listed Companies" Golden Bauhinia Award

SHANGHAI, Dec. 21, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, received a "Best Investment Value for Listed Compa...

11 months ago - PRNewsWire

Cango Participates in 2021 China Automobile Dealers Industry Convention & Expo

SHANGHAI, Dec. 7, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its participation in the 2021 China...

11 months ago - PRNewsWire

Recap: Cango Q3 Earnings

Cango (NYSE:CANG) reported its Q3 earnings results on Monday, November 22, 2021 at 04:30 PM. Here's what investors need to know about the announcement.

1 year ago - Benzinga

Cango Inc. Reports Third Quarter 2021 Unaudited Financial Results

SHANGHAI, Nov. 22, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results fo...

1 year ago - PRNewsWire

Cango Inc. to Report Third Quarter 2021 Financial Results on November 22, 2021 Eastern Time

SHANGHAI, Nov. 17, 2021 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its third...

1 year ago - PRNewsWire