Cango Inc. (NYSE:CANG – Get Free Report)’s stock price traded up 1.7% during trading on Tuesday . The stock traded as high as $1.80 and last traded at $1.78. 8,174 shares were traded during trading, a decline of 84% from the average session volume of 51,981 shares. The stock had previously closed at $1.75.
Cango Price Performance
The stock has a market cap of $193.87 million, a P/E ratio of -44.50 and a beta of 0.69. The company has a fifty day moving average of $1.71 and a 200 day moving average of $1.68.
Cango (NYSE:CANG – Get Free Report) last announced its earnings results on Thursday, August 29th. The company reported $0.10 EPS for the quarter. Cango had a return on equity of 0.55% and a net margin of 3.61%. The firm had revenue of $6.20 million for the quarter.
Institutional Inflows and Outflows
About Cango
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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