Cango Inc’s stock (CANG) continues to rise above its goal

Nora Barnes

A share price of Cango Inc [CANG] is currently trading at $1.33, up 10.83%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CANG shares have gain 11.76% over the last week, with a monthly amount drifted -13.36%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Cango Inc [NYSE: CANG] stock has seen the most recent analyst activity on July 23, 2025, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $8. Previously, Morgan Stanley downgraded its rating to Equal-Weight on November 18, 2019. On September 04, 2018, Goldman initiated with a Neutral rating and assigned a price target of $11.90 on the stock.

Cango Inc experienced fluctuations in its stock price throughout the past year between $1.12 and $4.83. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Cango Inc [NYSE: CANG] shares were valued at $1.33 at the most recent close of the market. An investor can expect a potential return of 125.56% based on the average CANG price forecast.

Analyzing the CANG fundamentals

Trailing Twelve Months sales for Cango Inc [NYSE:CANG] were 601.10M which represents 5415.77% growth. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.14%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.09 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.

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 1.2300 points at the first support level, and at 1.1300 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4000, and for the 2nd resistance point, it is at 1.4700.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Cango Inc [NYSE:CANG] is 1.20. Further, the Quick Ratio stands at 1.20, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 0.78, the price to book ratio is 0.68.

Transactions by insiders

Recent insider trading involved Lin Jiayuan, Director, that happened on Sep 09 ’25 when 0.8 million shares were purchased. Director, Zhang Yongyi completed a deal on May 19 ’25 to buy 0.25 million shares. Meanwhile, Director Song Zhipeng bought 100000.0 shares on Mar 11 ’25.

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