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

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%.
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).
Is CANG a buy, sell or hold?
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%.
Issuer Forecast Upside
Wallstreet Target Price 3.1 -38%
Analysts Target Price 3 -38.6%
ValueRay Target Price 6.4 30.5%