Cyngn Inc (NASDAQ:CYN)’s traded shares stood at 5.62 million during the last session, with the company’s beta value hitting -1.30. At the close of trading, the stock’s price was $0.60, to imply a decrease of -14.84% or -$0.1 in intraday trading. The CYN share’s 52-week high remains $31.49, putting it -5148.33% down since that peak but still an impressive 41.67% since price per share fell to its 52-week low of $0.35. The company has a valuation of $1.23M, with an average of 8.87 million shares in intraday trading volume over the past 10 days and average of 1.92 million shares over the past 3 months.
Cyngn Inc (NASDAQ:CYN) trade information
After registering a -14.84% downside in the last session, Cyngn Inc (CYN) has traded red over the past five days. The 5-day price performance for the stock is -77.94%, and -90.91% over 30 days. With these gigs, the year-to-date price performance is -96.17%. Short interest in Cyngn Inc (NASDAQ:CYN) saw shorts transact 0.12 million shares and set a 2.8 days time to cover.
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 -92.13% down over the last 6 months, with its year-to-date growth rate higher than industry average at 71.68% against 9.30%. The rating firms project that company’s revenue will shrink -58.77% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 400k.
CYN Dividends
Cyngn Inc has its next earnings report out in January. 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 (NASDAQ:CYN)’s Major holders
Cyngn Inc insiders hold 0.46% of total outstanding shares, with institutional holders owning 12.68% of the shares at 12.74% float percentage. In total, 12.68% institutions holds shares in the company, led by AH CAPITAL MANAGEMENT, L.L.C.. As of 2024-06-30, the company held over 5.76 million shares (or 0.0747% of shares), all amounting to roughly $0.42 million.
The next major institution holding the largest number of shares is REDPOINT MANAGEMENT, LLC with 2.71 million shares, or about 0.0352% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.2 million.
We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Cyngn Inc (CYN) shares. Going by data provided on Sep 30, 2024 , Vanguard Extended Market Index Fund holds roughly 17.19 shares. This is just over 0.71% of the total shares, with a market valuation of $10248.0. Data from the same date shows that the other fund manager holds a little less at 10.51, or 0.43% of the shares, all valued at about 6262.0.
