Cyngn Inc (NASDAQ:CYN) has a beta value of -1.31 and has seen 158.89 million shares traded in the last trading session. The company, currently valued at $0.22M, closed the last trade at $0.09 per share which meant it lost -$0.01 on the day or -12.00% during that session. The CYN stock price is -28655.56% off its 52-week high price of $25.88 and 33.33% above the 52-week low of $0.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.6 million shares traded. The 3-month trading volume is 79.56 million shares.
Cyngn Inc (NASDAQ:CYN) trade information
Sporting -12.00% 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 CYN stock price touched $0.09 or saw a rise of 68.91%. Year-to-date, Cyngn Inc shares have moved -89.12%, while the 5-day performance has seen it change 53.49%. Over the past 30 days, the shares of Cyngn Inc (NASDAQ:CYN) have changed -84.80%. Short interest in the company has seen 45818.0 shares shorted with days to cover at 0.89.
Cyngn Inc (CYN) estimates and forecasts
The company’s shares have lost -97.98% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -58.77%.
1 analysts offering their estimates for the company have set an average revenue estimate of 400k for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -16.02% over the past 5 years.
CYN Dividends
Cyngn Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Cyngn Inc (NASDAQ:CYN)’s Major holders
Insiders own 0.20% of the company shares, while shares held by institutions stand at 2.16% with a share float percentage of 2.16%. Investors are also buoyed by the number of investors in a company, with Cyngn Inc having a total of 23.0 institutions that hold shares in the company. The top two institutional holders are AH CAPITAL MANAGEMENT, L.L.C. with over 5.76 million shares worth more than $0.42 million. As of 2024-06-30, AH CAPITAL MANAGEMENT, L.L.C. held 0.0747% of shares outstanding.
The other major institutional holder is REDPOINT MANAGEMENT, LLC, with the holding of over 2.71 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.2 million and represent 0.0352% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Vanguard Total Stock Market Index Fund . As of Sep 30, 2024 , the former fund manager holds about 0.01% shares in the company for having 17.19 shares of worth $1588.0 while later fund manager owns 8.27 shares of worth $763.0 as of Sep 30, 2024 , which makes it owner of about 0.00% of company’s outstanding stock.
