NYSE:CANG Cango (CANG) Stock Price, News & Analysis $3.71 +0.41 (+12.42%) Closing price 03/14/2025 03:58 PM EasternExtended Trading$3.70 0.00 (-0.13%) As of 03/14/2025 07:30 PM 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. Add Compare Share Share Stock Analysis Stock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends About Cango Stock (NYSE:CANG) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Cango alerts:Sign Up Key Stats Today's Range$3.30▼$3.8050-Day Range$3.12▼$5.2052-Week Range$1.32▼$9.66Volume724,397 shsAverage Volume262,097 shsMarket Capitalization$404.09 millionP/E Ratio21.82Dividend YieldN/APrice TargetN/AConsensus RatingN/A Company OverviewCango 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… Remove Ads Cango Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks51st Percentile Overall ScoreCANG MarketRank™: Cango scored higher than 51% of companies evaluated by MarketBeat, and ranked 431st out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for Cango. Earnings and Valuation1.9 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Cango is 21.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Cango is 21.82, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.93.Price to Book Value per Share RatioCango has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.61% of the float of Cango has been sold short.Short Interest Ratio / Days to CoverCango has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cango has recently decreased by 16.28%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthWeak Dividend YieldCango does not currently pay a dividend.Dividend GrowthCango does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Cango is 264.86%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Cango's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted1.61% of the float of Cango has been sold short.Short Interest Ratio / Days to CoverCango has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cango has recently decreased by 16.28%, indicating that investor sentiment is improving significantly. News and Social Media2.7 / 5News Sentiment0.78 News SentimentCango has a news sentiment score of 0.78. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Cango this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for CANG on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows1 people have added Cango to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Cango insiders have not sold or bought any company stock.Percentage Held by Insiders29.10% 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 InstitutionsOnly 4.22% of the stock of Cango is held by institutions.Read more about Cango's insider trading history. 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 CANG Stock News HeadlinesShare Buyback Program Authorized by Cango (NYSE:CANG) Board March 15 at 1:19 AM | americanbankingnews.comCango Forms Special Committee to Consider Buyout by Enduring Wealth CapitalMarch 14 at 11:09 AM | marketwatch.comThe real reason gold is soaring (and likely to continue)Trump’s Policies Are Fueling a Gold Boom—Here’s Your Chance to Profit Donald Trump’s bold policies are driving a hidden gold market boom. Garrett Goggin, a renowned precious metals expert with 20+ years of experience, reveals 5 explosive investment opportunities set to explode in this new era. Backed by triple-digit returns in 2024, Garrett’s insights show you how to position yourself for wealth in 2025. Don’t wait—these opportunities can disappear fast!March 15, 2025 | Golden Portfolio (Ad)Cango receives letter of intent from EWCL, forms special committeeMarch 14 at 11:09 AM | markets.businessinsider.comCango Inc. Receives Acquisition Proposal from Enduring Wealth CapitalMarch 14 at 7:35 AM | tipranks.comCango Inc. Announces Receipt of a Preliminary Non-Binding Letter of Intent and Formation of ...March 14 at 7:14 AM | gurufocus.comCango Inc. Announces Receipt of a Preliminary Non-Binding Letter of Intent and Formation of Special CommitteeMarch 14 at 6:00 AM | prnewswire.comCango Inc. Initiates New $30 Million Share Repurchase ProgramMarch 13 at 4:48 PM | tipranks.comSee More Headlines CANG Stock Analysis - Frequently Asked Questions How have CANG shares performed this year? Cango's stock was trading at $4.40 on January 1st, 2025. Since then, CANG stock has decreased by 15.7% and is now trading at $3.71. View the best growth stocks for 2025 here. How were Cango's earnings last quarter? Cango Inc. (NYSE:CANG) issued its quarterly earnings results on Thursday, March, 6th. The company reported $0.07 EPS for the quarter. The firm had revenue of $91.52 million for the quarter. Cango had a net margin of 51.90% and a trailing twelve-month return on equity of 3.55%. How will Cango's stock buyback program work? Cango's board authorized a stock buyback program on Thursday, March 13th 2025, which authorizes the company to buy back $0 in shares, according to EventVestor. This authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued. 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 $10.00-$12.00 per share. Morgan Stanley, BofA Merrill Lynch and Goldman Sachs (Asia) acted as the underwriters for the IPO. Who are Cango's major shareholders? Top institutional shareholders of Cango include Electron Capital Partners LLC (1.23%), BIT Capital GmbH (0.77%), HCEP Management Ltd (0.36%) and O Shaughnessy Asset Management LLC (0.10%). 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. What other stocks do shareholders of Cango own? 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 Earnings3/06/2025Today3/15/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Prepackaged software Sub-IndustryComputer Software Current SymbolNYSE:CANG CIK1725123 Webwww.cangoonline.com Phone862131835088FaxN/AEmployees2,350Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.37 Trailing P/E Ratio21.82 Forward P/E RatioN/A P/E GrowthN/ANet Income$-5,330,000.00 Net Margins51.90% Pretax Margin89.81% Return on Equity3.55% Return on Assets3.02% Debt Debt-to-Equity RatioN/A Current Ratio7.83 Quick Ratio7.83 Sales & Book Value Annual Sales$804.49 million Price / Sales0.50 Cash FlowN/A Price / Cash FlowN/A Book Value$4.94 per share Price / Book0.75Miscellaneous Outstanding Shares108,918,000Free Float77,223,000Market Cap$404.09 million OptionableNot Optionable Beta0.76 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are hedge funds and endowments buying in today's market? 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