Cango Inc ADR (NYSE:CANG) has a beta value of 0.50 and has seen 1.15 million shares traded in the recent trading session. The company, currently valued at $378.17M, closed the recent trade at $5.62 per share which meant it gained $0.28 on the day or 5.24% during that session. The CANG stock price is -71.89% off its 52-week high price of $9.66 and 75.09% above the 52-week low of $1.40. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.76 million shares traded. The 3-month trading volume is 408.49K shares.
Cango Inc ADR (NYSE:CANG) trade information
Sporting 5.24% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CANG stock price touched $5.62 or saw a rise of 1.75%. Year-to-date, Cango Inc ADR shares have moved 198.94%, while the 5-day performance has seen it change 11.29%. Over the past 30 days, the shares of Cango Inc ADR (NYSE:CANG) have changed 12.18%. Short interest in the company has seen 1.2 million shares shorted with days to cover at 2.74.
Cango Inc ADR (CANG) estimates and forecasts
The company’s shares have gained 18.07% over the past 6 months.
1 analysts offering their estimates for the company have set an average revenue estimate of 1.94B for the current quarter. 1 have an estimated revenue figure of 1.93B for the next ending 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 -0.90% over the past 5 years.
CANG Dividends
Cango Inc ADR is expected to release its next earnings report on 2025-May-14 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Cango Inc ADR (NYSE:CANG)’s Major holders
Insiders own 14.68% of the company shares, while shares held by institutions stand at 44.78% with a share float percentage of 52.48%. Investors are also buoyed by the number of investors in a company, with Cango Inc ADR having a total of 45.0 institutions that hold shares in the company. The top two institutional holders are PRIMAVERA CAPITAL MANAGEMENT LTD with over 5.15 million shares worth more than $8.61 million. As of 2024-06-30, PRIMAVERA CAPITAL MANAGEMENT LTD held 4.8846% of shares outstanding.
The other major institutional holder is MORGAN STANLEY, with the holding of over 79290.0 shares as of 2024-06-30. The firm’s total holdings are worth over $0.13 million and represent 0.1524% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are GLOBAL X FUNDS-Global X Blockchain ETF and Invesco Exchange-Traded Fund Trust-Invesco Golden Dragon China ETF . As of May 31, 2025 , the former fund manager holds about 0.35% shares in the company for having 233.18 shares of worth $1.31 million while later fund manager owns 86.78 shares of worth $0.49 million as of May 31, 2025 , which makes it owner of about 0.13% of company’s outstanding stock.
