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1 Comment
Cango Inc is currently in a long term downtrend where the price is trading 37.0% below its 200 day moving average.
From a valuation standpoint, the stock is 89.3% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 2.0.
Cango Inc's total revenue rose by 173.8% to $1B since the same quarter in the previous year.
Its net income has increased by 1386.5% to $2B since the same quarter in the previous year.
Finally, its free cash flow fell by nan% to $0 since the same quarter in the previous year.
Based on the above factors, Cango Inc gets an overall score of 3/5.
| Exchange | NYSE |
|---|---|
| CurrencyCode | USD |
| Sector | Financial Services |
| Industry | Capital Markets |
| ISIN | US1375861036 |
| Beta | 0.14 |
|---|---|
| Target Price | 3.5 |
| Market Cap | 278M |
| PE Ratio | None |
| Dividend Yield | None |
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.
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