Cango (CANG) to Release Earnings on Monday

Cango (NYSE:CANG) will announce its earnings results after the market closes on Monday, November 4th.

Cango (NYSE:CANG) last released its quarterly earnings results on Thursday, August 29th. The company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $6.20 million for the quarter. Cango had a net margin of 3.61% and a return on equity of 0.55%.

Cango Price Performance

CANG traded up $0.09 on Friday, reaching $2.53. The company’s stock had a trading volume of 20,732 shares, compared to its average volume of 57,107. Cango has a 1 year low of $0.92 and a 1 year high of $2.66. The business’s 50 day moving average is $1.78 and its 200 day moving average is $1.71. The stock has a market cap of $275.57 million, a price-to-earnings ratio of 126.50 and a beta of 0.69.

About Cango

Cango Inc operates an automotive transaction service platform that connects dealers, original equipment manufacturers, financial institutions, car buyers, insurance brokers, and companies in the People's Republic of China. The company offers automobile trading solutions comprising car sourcing, transaction facilitation, logistics, and warehousing support for dealers through Cango Haoche app that offers new car transaction services, and Cango U-Car app that offers used-car transaction services.