Cyngn Inc (NASDAQ:CYN)’s traded shares stood at 8.06 million during the last session, with the company’s beta value hitting -1.80. At the close of trading, the stock’s price was $0.10, to imply a decrease of -0.67% or $0.0 in intraday trading. The CYN share’s 52-week high remains $1.25, putting it -1150.0% down since that peak but still an impressive 0.0% since price per share fell to its 52-week low of $0.10. The company has a valuation of $11.31M, with an average of 10.91 million shares over the past 3 months.
Cyngn Inc (NASDAQ:CYN) trade information
After registering a -0.67% downside in the last session, Cyngn Inc (CYN) has traded red over the past five days. The stock hit a weekly high of 0.1118, dropping -0.67% in its intraday price action. The 5-day price performance for the stock is -7.33%, and -32.64% over 30 days. With these gigs, the year-to-date price performance is -28.40%.
Cyngn Inc (CYN) estimates and forecasts
Looking at statistics comparing Cyngn Inc share performance against respective industry, we note that the company has outperformed competitors. Cyngn Inc (CYN) shares are -61.46% down over the last 6 months, with its year-to-date growth rate higher than industry average at 50.88% against 13.10%. The rating firms project that company’s revenue will grow 115.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 360k. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 540k.Earnings reports from the last fiscal year show that sales brought in 872k and 551k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -58.70% before dropping -2.00% in the following quarter.
CYN Dividends
Cyngn Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Cyngn Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
