At the time of writing, Cango Inc ADR [CANG] stock is trading at $5.49, up 23.09%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CANG shares have gain 17.56% over the last week, with a monthly amount glided 47.58%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cango Inc ADR [NYSE: CANG] stock has seen the most recent analyst activity on November 18, 2019, when Morgan Stanley downgraded its rating to a Equal-Weight. Previously, Goldman started tracking the stock with Neutral rating on September 04, 2018, and set its price target to $11.90.
For the past year, the stock price of Cango Inc ADR fluctuated between $0.94 and $4.85. Cango Inc ADR [NYSE: CANG] shares were valued at $5.49 at the most recent close of the market.
Analyzing the CANG fundamentals
According to Cango Inc ADR [NYSE:CANG], the company’s sales were 39.17M for trailing twelve months, which represents an -91.82% plunge. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.48%, Pretax Profit Margin comes in at 0.91%, and Net Profit Margin reading is 0.53%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.04 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.77 points at the first support level, and at 4.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.95, and for the 2nd resistance point, it is at 6.41.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 10.15, the price to book ratio is 0.70 and price to earnings (TTM) ratio is 11.79.
Transactions by insiders
Recent insider trading involved Zhang Yongyi, Director, that happened on Nov 08 ’24 when 0.25 million shares were purchased. Director, Zhang Yongyi completed a deal on Sep 04 ’24 to buy 100000.0 shares.
