Currently, Cango Inc ADR [CANG] is trading at $4.53, up 6.59%. An important factor to consider is whether the stock is rising or falling in short-term value. The CANG shares have gain 11.85% over the last week, with a monthly amount glided 27.61%, 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.
This stock has fluctuated between a low of $1.40 and a high of $9.66 over the last 52 weeks. Cango Inc ADR [NYSE: CANG] shares were valued at $4.53 at the most recent close of the market.
Analyzing the CANG fundamentals
Trailing Twelve Months sales for Cango Inc ADR [NYSE:CANG] were 113.10M which represents 384.75% growth. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.37%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.08 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
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 4.25 points at the first support level, and at 3.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.69, and for the 2nd resistance point, it is at 4.84.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.70, the price to book ratio is 0.54 and price to earnings (TTM) ratio is 6.82.
Transactions by insiders
Recent insider trading involved Song Zhipeng, Director, that happened on Mar 11 ’25 when 100000.0 shares were purchased. Director, Lin Jiayuan completed a deal on Mar 11 ’25 to buy 0.2 million shares. Meanwhile, Director Zhang Yongyi bought 20000.0 shares on Mar 11 ’25.
