Cango Inc ADR (CANG) Shares Are Up 15.91% YTD

Cango Inc ADR (NYSE:CANG) has a beta value of 0.55 and has seen 2.19 million shares traded in the last trading session. The company, currently valued at $369.39M, closed the last trade at $5.10 per share which meant it lost -$0.15 on the day or -2.86% during that session. The CANG stock price is -89.41% off its 52-week high price of $9.66 and 81.37% above the 52-week low of $0.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.13 million shares traded. The 3-month trading volume is 608.65K shares.

Cango Inc ADR (NYSE:CANG) trade information

Sporting -2.86% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CANG stock price touched $5.10 or saw a rise of 8.77%. Year-to-date, Cango Inc ADR shares have moved 15.91%, while the 5-day performance has seen it change 3.66%. Over the past 30 days, the shares of Cango Inc ADR (NYSE:CANG) have changed 25.31%. Short interest in the company has seen 0.37 million shares shorted with days to cover at 0.87.

Cango Inc ADR (CANG) estimates and forecasts

The company’s shares have gained 188.14% over the past 6 months.

CANG Dividends

Cango Inc ADR is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Cango Inc ADR (NYSE:CANG)’s Major holders

The top two institutional holders are PRIMAVERA CAPITAL MANAGEMENT LTD with over 5.15 million shares worth more than $8.61 million. As of 2024-06-30, PRIMAVERA CAPITAL MANAGEMENT LTD held 4.8846% of shares outstanding.

The other major institutional holder is CETERA INVESTMENT ADVISERS, with the holding of over 98450.0 shares as of 2024-06-30. The firm’s total holdings are worth over $0.16 million and represent 0.0933% of shares outstanding.