Cango (CANG) Set to Announce Quarterly Earnings on Monday

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

Cango (NYSE:CANG) last posted its earnings results on Thursday, August 29th. The company reported $0.10 earnings per share (EPS) for the quarter. The business 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 Trading Up 3.7 %

Cango stock traded up $0.09 on Friday, reaching $2.53. 20,732 shares of the stock were exchanged, compared to its average volume of 57,107. Cango has a twelve month low of $0.92 and a twelve month high of $2.66. The firm has a fifty day moving average price of $1.78 and a two-hundred day moving average price of $1.71. The stock has a market cap of $275.57 million, a PE ratio of 124.75 and a beta of 0.69.

Cango Company Profile

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.