During the last session, Cyngn Inc (NASDAQ:CYN)’s traded shares were 312.09 million, with the beta value of the company hitting -1.28. At the end of the trading day, the stock’s price was $0.15, reflecting an intraday loss of -7.98% or -$0.01. The 52-week high for the CYN share is $25.88, that puts it down -17153.33 from that peak though still a striking 60.0% gain since the share price plummeted to a 52-week low of $0.06. The company’s market capitalization is $4.11M, and the average intraday trading volume over the past 10 days was 402.8 million shares, and the average trade volume was 71.35 million shares over the past three months.
Cyngn Inc (NASDAQ:CYN) trade information
Cyngn Inc (CYN) registered a -7.98% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -7.98% in intraday trading to $0.15, hitting a weekly high. The stock’s 5-day price performance is 82.93%, and it has moved by -67.40% in 30 days. Based on these gigs, the overall price performance for the year is -99.13%. The short interest in Cyngn Inc (NASDAQ:CYN) is 0.12 million shares and it means that shorts have 2.8 day(s) to cover.
Cyngn Inc (CYN) estimates and forecasts
In the rating firms’ projections, revenue will decrease -58.77% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 400k as predicted by 1 analyst(s).
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -16.02%.
CYN Dividends
Cyngn Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Cyngn Inc (NASDAQ:CYN)’s Major holders
Cyngn Inc insiders own 0.46% of total outstanding shares while institutional holders control 12.68%, with the float percentage being 12.74%. AH CAPITAL MANAGEMENT, L.L.C. is the largest shareholder of the company, while 25.0 institutions own stock in it. As of 2024-06-30, the company held over 5.76 million shares (or 0.0747% of all shares), a total value of $0.42 million in shares.
The next largest institutional holding, with 2.71 million shares, is of REDPOINT MANAGEMENT, LLC’s that is approximately 0.0352% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.2 million.
Also, the Mutual Funds coming in first place with the largest holdings of Cyngn Inc (CYN) shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Extended Market Index Fund owns about 17.19 shares. This amounts to just over 0.71 percent of the company’s overall shares, with a $2578.0 market value. The same data shows that the other fund manager holds slightly less at 10.44, or about 0.43% of the stock, which is worth about $1565.0.
