In the last trading session, 1.7 million Cyngn Inc (NASDAQ:CYN) shares changed hands as the company’s beta touched -1.33. With the company’s per share price at $7.76 changed hands at $0.69 or 9.76% during last session, the market valuation stood at $13.59M. CYN’s last price was a discount, traded about -49925.77% off its 52-week high of $3882.00. The share price had its 52-week low at $6.90, which suggests the last value was 11.08% up since then.
Cyngn Inc (NASDAQ:CYN) trade information
Instantly CYN was in green as seen at the end of in last trading. With action -50.73%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -93.91%, with the 5-day performance at -50.73% in the red. However, in the 30-day time frame, Cyngn Inc (NASDAQ:CYN) is -90.60% down.
Cyngn Inc (CYN) estimates and forecasts
Year-over-year growth is forecast to reach -58.77% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 400k. The company’s revenue for the corresponding quarters a year ago was 40.36k. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 891.08%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -16.02%.
Cyngn Inc (NASDAQ:CYN)’s Major holders
REDPOINT MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 0.0352% or 2.71 million shares worth $0.2 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Extended Market Index Fund and Vanguard Total Stock Market Index Fund. With 115.0 shares estimated at $892.0 under it, the former controlled 0.01% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 0.00% of the shares, roughly 55.0 shares worth around $426.0.