During the last session, Cyngn Inc (NASDAQ:CYN)’s traded shares were 171.31 million, with the beta value of the company hitting -1.26. At the end of the trading day, the stock’s price was $0.10, reflecting an intraday loss of -30.00% or -$0.05. The 52-week high for the CYN share is $25.88, that puts it down -25780.0 from that peak though still a striking 40.0% gain since the share price plummeted to a 52-week low of $0.06. The company’s market capitalization is $2.88M, and the average trade volume was 76.70 million shares over the past three months.
Cyngn Inc (NASDAQ:CYN) trade information
Cyngn Inc (CYN) registered a -30.00% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -30.00% in intraday trading to $0.10, hitting a weekly high. The stock’s 5-day price performance is 24.11%, and it has moved by -83.23% in 30 days. Based on these gigs, the overall price performance for the year is -99.43%.
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.
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.