Shares of Cango Inc – (NYSE:CANG) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus price objective of $12.90 for the company, according to Zacks. Zacks has also given Cango an industry rank of 149 out of 255 based on the ratings given to related companies.
NYSE CANG opened at $4.70 on Monday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.16 and a quick ratio of 2.16. Cango has a 1 year low of $4.60 and a 1 year high of $10.20. The company has a market capitalization of $711.58 million, a PE ratio of 15.16 and a beta of 1.67. The company has a fifty day moving average of $5.34 and a two-hundred day moving average of $6.21.
Cango Company Profile
Cango Inc operates an automotive transaction service platform that connects dealers, financial institutions, car buyers, and other industry participants in the People's Republic of China. It facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; automotive transactions between automotive wholesalers, dealers, and car buyers; and after-market services to car buyers.
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