Is Cango Inc. (CANG) a Buy, Sell, or Hold?
Cango Inc.
NYSE:CANG
$0.1974 USD
$0.0 (-1.3%)
- Volume
- 197.29K
- Average Volume
- 1.61M
- Market Capitalization
- $77.62M
- P/E Ratio
- -0.13
- Dividend Yield
- 0.00%
- Price Target
- $3.00
- Year High
- $2.78
- Year Low
- $0.19
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $1.00
Industry, Sector & symbol
| Stock Exchange | NYSE |
| CEO | Peng Yu |
| Industry | Software - Application |
| Sector | Technology |
| Current Symbol | CANG |
| CUSIP | G1820C102 |
| CIK | 0001725123 |
| Web | https://ir.cangoonline.com |
| Phone | 86 21 3183 5088 |
| Currency | USD |
| Employees | 96 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 0.16 |
| Payout Ratio | 0.00 |
| Current Ratio | 1.00 |
| Quick Ratio | 1.00 |
| Cash Ratio | 0.05 |
Sales & Book Value
| Annual Sales | $4.81B |
| Price / Sales | 0.42 |
| Cash Flow | -4.38 |
| Price / Cash Flow | -0.33 |
| Price / Book | 0.33 |
Price Target and Rating
| Average Stock Price Forecast | $3.00 |
| High Stock Price Forecast | $3.00 |
| Low Stock Price Forecast | $3.00 |
| Forecast Upside/Downside | -93.42% |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 2 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-11.19 |
| Trailing P/E Ratio | -0.13 |
| PEG Ratio | 0.00 |
| P/E Growth | 0.00 |
| Net Income | $-3.17B |
| Net Margin | -188.32% |
| Pretax Margin | -178.51% |
| Return on Equity | -168.43% |
| Return on Assets | -89.54% |
Financials Score
| AltmanZ Score | -3.34 |
| Piotroski Score | 3.00 |
| Working Capital | -4.51M |
| Total Assets | 2.62B |
| Ebit | -636.81M |
| Market Cap | 547.81M |
| Total Liabilities | 1.17B |
Poll Results
About Cango Inc. (NYSE:CANG) Stock
Cango Inc. operates bitcoin mining business with mining operation across North America, the Middle East, South America, and East Africa. It also operates an online international used car export business through AutoCango.com. Cango Inc. was founded in 2010 and is headquartered in Dallas, Texas. ...
Cango Inc. Announces Effective Date and Ratio for Share Consolidation
2026-07-10 06:00:00
DALLAS, July 10, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that, pursuant to the authorization granted by the Company's shareholders at the extraordinary general meeting held on June 24, 2026, its board of directors has determined the effective date and share consolidation ratio for its previously approved share consolidation. The Company will effect the consolidation of its authorized, issued and outstanding Class A ordinary shares and Class B ordinary shares on a 10-for-1 ratio, whereby every ten shares will be consolidated into one share of the same class.
New Strong Sell Stocks for July 2nd
2026-07-02 04:50:16
DRTS, CANG and LAZ have been added to the Zacks Rank #5 (Strong Sell) List on July 2, 2026.
Cango Inc. Announces Results of Extraordinary General Meeting
2026-06-24 06:00:00
DALLAS, June 24, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced the results of its extraordinary general meeting of shareholders ("EGM") held on June 24, 2026. At the EGM, the Company's shareholders approved the following resolutions: An ordinary resolution that the authorized share capital of the Company, comprising both issued and unissued Class A ordinary shares of a par value of US$0.0001 each (the "Class A Ordinary Shares") and Class B ordinary shares of a par value of US$0.0001 each (the "Class B Ordinary Shares", and together with the Class A Ordinary Shares, the "Shares"), be consolidated (the "Share Consolidation") at a share consolidation ratio within a range of no consolidation to a maximum consolidation ratio of 10:1 and at such effective time as the board of directors of the Company (the "Board of Directors") may determine and execute in its sole discretion, within 15 days of the EGM, with such consolidated Shares having the same rights and being subject to the same restrictions (save as to par value) as the existing Shares of such class as set out in the Fifth Amended and Restated Memorandum and Articles of Association (as defined below).
Cango Inc. Announces May 2026 Operational and Fleet Optimization Update
2026-06-10 06:00:00
DALLAS, June 10, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its operational update for May 2026. As of May 31, 2026, Cango's total operational hashrate was 31.67 EH/s.
Cango Inc. (CANG) Q1 2026 Earnings Call Transcript
2026-06-01 00:14:04
Cango Inc. (CANG) Q1 2026 Earnings Call Transcript
Cango Q1 Earnings Call Highlights
2026-05-31 22:04:00
Cango NYSE: CANG reported first-quarter 2026 revenue of approximately $102 million, driven primarily by its Bitcoin mining business, as management said the company is prioritizing cost discipline and cash flow resilience over hash rate scale during a period of industry adjustment.
Cango Inc. Reports First Quarter 2026 Unaudited Financial Results
2026-05-31 19:00:00
Cango Inc. Reports First Quarter 2026 Unaudited Financial Results PR Newswire DALLAS, May 31, 2026
Cango Inc. Reports First Quarter 2026 Unaudited Financial Results
2026-05-31 18:00:00
DALLAS, May 31, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter of 2026 Financial and Operational Highlights Financial Performance: In the first quarter of 2026, the Company generated total revenue of US$102.0 million, primarily driven by US$98.4 million from its Bitcoin mining business.
Frequently Asked Questions
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What is the current Cango Inc. (CANG) stock price?
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Cango Inc.(NYSE:CANG) stock price is $0.1974 in the last trading session. During the trading session, CANG stock reached the peak price of $2.775 while $0.19 was the lowest point it dropped to. The percentage change in CANG stock occurred in the recent session was --1.3% while the dollar amount for the price change in CANG stock was -$-0.0.
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CANG's industry and sector of operation?
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The NYSE listed CANG is part of Software - Application industry that operates in the broader Technology sector.
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Who are the executives of CANG?
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Ming Yeung Tang | Chief Financial Officer & Director
Peng Yu | Chief Executive Officer & Director
Juliet Ye | Head of Communications
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How many employees does CANG have?
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Number of CANG employees currently stands at 96. CANG operates from 3131 McKinney Avenue, Dallas, TX 75204, US.
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Link for CANG official website?
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Official Website of CANG is: https://ir.cangoonline.com
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How do I contact CANG?
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CANG could be contacted at phone #86 21 3183 5088 and can also be accessed through its website. CANG operates from 3131 McKinney Avenue, Dallas, TX 75204, US.
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How many shares of CANG are traded daily?
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The average number of CANG shares traded daily for last 3 months was 1.61M.
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What is the market cap of CANG currently?
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The market value of CANG currently stands at $77.62M with its latest stock price at $0.1974