CANG 📈 Cango - Overview
Exchange: NYSE • Country: China • Currency: USD • Type: Common Stock • ISIN: US1375861036
CANG: Car Trading, Financing, Insurance, Logistics
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. It also provides automotive financing facilitation services that include facilitating financing transactions from financial institutions to car buyers, which comprises credit origination, credit assessment, credit servicing, and delinquent asset management services; facilitating financing transactions of car purchases for car buyers; and after-market services to car buyers, which includes facilitating the sale of insurance policies from insurance brokers or companies. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China. Web URL: https://ir.cangoonline.com
Additional Sources for CANG Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
CANG Stock Overview
Market Cap in USD | 432m |
Sector | Consumer Cyclical |
Industry | Auto & Truck Dealerships |
GiC Sub-Industry | Automotive Retail |
IPO / Inception | 2018-07-26 |
CANG Stock Ratings
Growth 5y | 36.5% |
Fundamental | 15.9% |
Dividend | 14.0% |
Rel. Strength Industry | 1253 |
Analysts | - |
Fair Price Momentum | 5.92 USD |
Fair Price DCF | 390.40 USD |
CANG Dividends
Dividend Yield 12m | 0.00% |
Yield on Cost 5y | % |
Annual Growth 5y | -100.00% |
Payout Consistency | 59.0% |
CANG Growth Ratios
Growth Correlation 3m | 94.8% |
Growth Correlation 12m | 89.1% |
Growth Correlation 5y | -12.7% |
CAGR 5y | 16.25% |
CAGR/Mean DD 5y | 0.26 |
Sharpe Ratio 12m | 2.16 |
Alpha | 372.47 |
Beta | 0.24 |
Volatility | 174.35% |
Current Volume | 785.8k |
Average Volume 20d | 1229.2k |
What is the price of CANG stocks?
As of December 28, 2024, the stock is trading at USD 4.92 with a total of 785,795 shares traded.
Over the past week, the price has changed by -2.57%, over one month by +20.59%, over three months by +170.33% and over the past year by +380.00%.
As of December 28, 2024, the stock is trading at USD 4.92 with a total of 785,795 shares traded.
Over the past week, the price has changed by -2.57%, over one month by +20.59%, over three months by +170.33% and over the past year by +380.00%.
Is Cango a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Cango is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 15.92 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CANG as of December 2024 is 5.92. This means that CANG is currently undervalued and has a potential upside of +20.33% (Margin of Safety).
Neither. Based on ValueRay Fundamental Analyses, Cango is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 15.92 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CANG as of December 2024 is 5.92. This means that CANG is currently undervalued and has a potential upside of +20.33% (Margin of Safety).
Is CANG a buy, sell or hold?
Cango has no consensus analysts rating.
Cango has no consensus analysts rating.
What are the forecast for CANG stock price target?
According to ValueRays Forecast Model, CANG Cango will be worth about 6.4 in December 2025. The stock is currently trading at 4.92. This means that the stock has a potential upside of +30.49%.
According to ValueRays Forecast Model, CANG Cango will be worth about 6.4 in December 2025. The stock is currently trading at 4.92. This means that the stock has a potential upside of +30.49%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 3.1 | -38% |
Analysts Target Price | 3 | -38.6% |
ValueRay Target Price | 6.4 | 30.5% |