Cyngn Inc (NASDAQ:CYN)’s traded shares stood at 134.8 million during the last session, with the company’s beta value hitting -1.26. At the close of trading, the stock’s price was $0.08, to imply an increase of 3.17% or $0.0 in intraday trading. The CYN share’s 52-week high remains $25.88, putting it -32250.0% down since that peak but still an impressive 12.5% since price per share fell to its 52-week low of $0.07. The company has a valuation of $2.32M, with an average of 70.9 million shares in intraday trading volume over the past 10 days and average of 17.31 million shares over the past 3 months.
Cyngn Inc (NASDAQ:CYN) trade information
After registering a 3.17% upside in the last session, Cyngn Inc (CYN) has traded red over the past five days. The 5-day price performance for the stock is -74.62%, and -89.02% over 30 days. With these gigs, the year-to-date price performance is -90.04%. 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 -98.21% down over the last 6 months, with its year-to-date growth rate higher than industry average at 71.68% against 9.90%.
CYN Dividends
Cyngn Inc has its next earnings report out in March. 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.
