After Hours
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.
Stocks Info
This NYSE-listed company operates within the Auto & Truck Dealerships industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Cango Inc ADR is $344.77M. A total of 0.58 million shares were traded on the day, compared to an average of 656.41K 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.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. 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
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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.
