In last trading session, Cyngn Inc (NASDAQ:CYN) saw 57246.0 shares changing hands with its beta currently measuring -1.39. Company’s recent per share price level of $6.01 trading at -$0.38 or -5.95% at ring of the bell on the day assigns it a market valuation of $12.18M. That closing price of CYN’s stock is at a discount of -890.02% from its 52-week high price of $59.50 and is indicating a premium of 52.58% from its 52-week low price of $2.85. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.24 million shares which gives us an average trading volume of 647.42K if we extend that period to 3-months.
Cyngn Inc (NASDAQ:CYN) trade information
Upright in the red during last session for losing -5.95%, in the last five days CYN remained trading in the red while hitting it’s week-highest on Tuesday, 11/26/24 when the stock touched $6.01 price level, adding 19.65% to its value on the day. Cyngn Inc’s shares saw a change of -58.47% in year-to-date performance and have moved -4.30% in past 5-day. Cyngn Inc (NASDAQ:CYN) showed a performance of 66.94% in past 30-days. Number of shares sold short was 0.12 million shares which calculate 2.8 days to cover the short interests.
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Cyngn Inc (CYN) estimates and forecasts
Statistics highlight that Cyngn Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -41.59% of value to its shares in past 6 months, showing an annual growth rate of 71.68% while that of industry is 8.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -16.02% during past 5 years.
Cyngn Inc (NASDAQ:CYN)’s Major holders
Insiders are in possession of 0.46% of company’s total shares while institution are holding 12.68 percent of that, with stock having share float percentage of 12.74%. Investors also watch the number of corporate investors in a company very closely, which is 12.68% institutions for Cyngn Inc that are currently holding shares of the company. AH CAPITAL MANAGEMENT, L.L.C. is the top institutional holder at CYN for having 5.76 million shares of worth $0.42 million. And as of 2024-06-30, it was holding 0.0747 of the company’s outstanding shares.
The second largest institutional holder is REDPOINT MANAGEMENT, LLC, which was holding about 2.71 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.0352 of outstanding shares, having a total worth of $0.2 million.
