Cyngn Inc (NASDAQ: CYN) Disappoints Wall Street With 20.07% Stock Price Gain

In the last trading session, 65.61 million Cyngn Inc (NASDAQ:CYN) shares changed hands as the company’s beta touched -0.17. With the company’s per share price at $16.33 changed hands at $2.73 or 20.07% during last session, the market valuation stood at $28.61M. CYN’s last price was a discount, traded about -9700.98% off its 52-week high of $1600.50. The share price had its 52-week low at $3.62, which suggests the last value was 77.83% up since then. When we look at Cyngn Inc’s average trading volume, we note the 10-day average is 20.69 million shares, with the 3-month average coming to 2.28 million.

Cyngn Inc (NASDAQ:CYN) trade information

Instantly CYN was in green as seen at the end of in last trading. With action 308.25%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -98.30%, with the 5-day performance at 308.25% in the green. However, in the 30-day time frame, Cyngn Inc (NASDAQ:CYN) is 227.25% up. Looking at the short shares, we see there were 27255.0 shares sold at short interest cover period of 0.87 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 14.07%.

CYN Dividends

Cyngn Inc is expected to release its next quarterly earnings report on 2025-May-07.

Cyngn Inc (NASDAQ:CYN)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 4.63% of Cyngn Inc shares while 15.52% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 16.27%. There are 15.52% institutions holding the Cyngn Inc stock share, with AH CAPITAL MANAGEMENT, L.L.C. the top institutional holder. As of 2024-06-30, the company held 0.0747% of the shares, roughly 5.76 million CYN shares worth $0.42 million.

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.

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