With 0.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.72 million shares. During the session, the Auto & Truck Dealerships company that operates in wider Consumer Cyclical sector, reached to the highest price of $4.71 whereas the lowest price it dropped to was $3.91. The 52-week range on CANG shows that it touched its highest point at $9.66 and its lowest point at $1.32 during that stretch. It currently has a 1-year price target of $3.00. CANG paid its most recent dividend on 1669334400, while the ex-dividend date for that was 1669334400. Beta for the stock currently stands at 0.32.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CANG was up-trending over the past week, with a rise of 37.42%, but this was down by -7.99% over a month. Three-month performance dropped to -6.37% while six-month performance rose 173.06%. The stock gained 173.08% in the past year, while it has lost -3.18% so far this year.
Float and Shares Shorts:
At present, 72.43 million CANG shares are outstanding with a float of 67.27 million shares on hand for trading. On 2025-02-28, short shares totaled 1.08 million, which was 102.99999 higher than short shares on 1738281600. In addition to Mr. Xiaojun Zhang as the firm’s Co-Founder & Chairman of the Board, Mr. Jiayuan Lin serves as its Co-Founder, CEO & Director.
Institutional Ownership:
Through their ownership of 0.42021 of CANG’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, CANG reported revenue of $26953433.0 and operating income of $35237317.0. The EBITDA in the recently reported quarter was $63816906.0 and diluted EPS was $0.6.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.99893 being high and $2.99893 being low. For CANG, this leads to a yearly average estimate of $2.99893. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
