After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
Stocks Info
CANG belongs to the Consumer Cyclical sector of the NYSE while operating in the Auto & Truck Dealerships industry. The current market capitalization of Cango Inc ADR is $363.60M. A total of 0.9 million shares were traded on the day, compared to an average of 566.93K shares.
In the most recent transaction, Jiayuan Lin bought 1,370,803 shares of CANG for 8.00 per share on Dec 19 ’24. In a previous transaction on Dec 20 ’24, Song Zhipeng bought 200,000 shares at 6.91 per share.
Among the insiders who bought shares, Lin Jiayuan acquired of 100,000 shares on Dec 20 ’24 at a per-share price of $6.91. In another insider transaction, Zhang Yongyi bought 250,000 shares at $2.44 per share on Nov 08 ’24.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CANG has a high of $9.66 and a low of $0.95.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CANG’s latest balance sheet shows that the firm has $4.03B in Cash & Short Term Investments as of fiscal 2021. There were $2.13B in debt and $3.42B in liabilities at the time. Its Book Value Per Share was $7.82, while its Total Shareholder’s Equity was $6.99B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CANG is Buy with a score of 0.00.
