A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant gain of 438.24% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 232.73%. Over the past 30 days, the price of CANG has fallen by 47.58%. And in the last five days, it has surged by 17.56%.
The market performance of Cango Inc ADR has been somewhat stable. Over the past year, the company’s stock achieved a high of $4.85 on 12/16/24, with the lowest value for the same timeframe being $0.94, recorded on 12/19/23.
52-week price history of CANG Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Cango Inc ADR’s current trading price is 13.20% away from its 52-week high, while its distance from the 52-week low is 484.04%. The stock’s price range for this period has been between $0.94 and $4.85. The Consumer Cyclical sector company’s shares saw a trading volume of about 1.75 million for the day, which was higher than the average daily volume of 0.27 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Cango Inc ADR (CANG) has experienced a quarterly rise of 249.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 397.64M and boasts a workforce of 632 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.44, with a change in price of +3.55. Similarly, Cango Inc ADR recorded 199,279 in trading volume during the last 100 days, posting a change of +182.99%.
CANG’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for CANG stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
CANG Stock Stochastic Average
As of today, the raw stochastic average of Cango Inc ADR over the last 50 days is at 95.17%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 91.27%. Further, the company’s Stochastic %K and %D values for the last 20 days were 81.92% and 79.49%, respectively.
