Cango Inc ADR (NYSE: CANG) Drops -8.74% From Highs, Now What?

During the last session, Cango Inc ADR (NYSE:CANG)’s traded shares were 0.51 million, with the beta value of the company hitting 0.57. At the end of the trading day, the stock’s price was $4.46, reflecting an intraday loss of -2.62% or -$0.12. The 52-week high for the CANG share is $4.85, that puts it down -8.74 from that peak though still a striking 78.92% gain since the share price plummeted to a 52-week low of $0.94. The company’s market capitalization is $323.04M, and the average intraday trading volume over the past 10 days was 0.5 million shares, and the average trade volume was 265.49K shares over the past three months.

Cango Inc ADR (NYSE:CANG) trade information

Cango Inc ADR (CANG) registered a -2.62% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.62% in intraday trading to $4.46, hitting a weekly high. The stock’s 5-day price performance is -2.41%, and it has moved by 20.87% in 30 days. Based on these gigs, the overall price performance for the year is 355.19%. The short interest in Cango Inc ADR (NYSE:CANG) is 0.16 million shares and it means that shorts have 0.39 day(s) to cover.

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CANG Dividends

Cango Inc ADR is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 98450.0 shares, is of CETERA INVESTMENT ADVISERS’s that is approximately 0.0933% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.16 million.