Could Cango Inc ADR (NYSE: CANG) Post Life-Changing Returns?

In the last trading session, 1.12 million Cango Inc ADR (NYSE:CANG) shares changed hands as the company’s beta touched 0.50. With the company’s per share price at $5.32 changed hands at $0.14 or 2.70% during last session, the market valuation stood at $357.98M. CANG’s last price was a discount, traded about -81.58% off its 52-week high of $9.66. The share price had its 52-week low at $1.40, which suggests the last value was 73.68% up since then. When we look at Cango Inc ADR’s average trading volume, we note the 10-day average is 1.03 million shares, with the 3-month average coming to 470.71K.

Cango Inc ADR (NYSE:CANG) trade information

Instantly CANG was in green as seen at the end of in last trading. With action -0.37%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 164.68%, with the 5-day performance at -0.37% in the red. However, in the 30-day time frame, Cango Inc ADR (NYSE:CANG) is 16.41% up. Looking at the short shares, we see there were 1.2 million shares sold at short interest cover period of 2.74 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.90%. The 2025 estimates are for Cango Inc ADR earnings to decrease by -109.69%.

CANG Dividends

Cango Inc ADR is expected to release its next quarterly earnings report on 2025-May-14.

Cango Inc ADR (NYSE:CANG)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 14.68% of Cango Inc ADR shares while 44.78% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 52.48%. There are 44.78% institutions holding the Cango Inc ADR stock share, with PRIMAVERA CAPITAL MANAGEMENT LTD the top institutional holder. As of 2024-06-30, the company held 4.8846% of the shares, roughly 5.15 million CANG shares worth $8.61 million.

MORGAN STANLEY holds the second largest percentage of outstanding shares, with 0.1524% or 79290.0 shares worth $0.13 million as of 2024-06-30.

Among Mutual Funds, the top two as of May 31, 2025 were GLOBAL X FUNDS-Global X Blockchain ETF and Invesco Exchange-Traded Fund Trust-Invesco Golden Dragon China ETF . With 233.18 shares estimated at $1.24 million under it, the former controlled 0.35% of total outstanding shares. On the other hand, Invesco Exchange-Traded Fund Trust-Invesco Golden Dragon China ETF held about 0.13% of the shares, roughly 86.78 shares worth around $0.46 million.

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