Is Cango Inc stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Cango Inc pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Friday 25th of November 2022 were paid $0.98 per share. Over the last 6 times between 2019 and 2022, Cango Inc has paid $4.46 with an average of $0.74 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Cango Inc 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $7.01, you would have made a loss of $-2.87 per share or -40.94%
No, the average daily trading liquidity for Cango Inc is $162 452 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Cango Inc has no real debt, which is good in periods of high inflation. Cango Inc has a very good net profit margin of 52.55% and should have very high tolerances against inflation.
We have calculated the inflation risk for Cango Inc to be low [0.3 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.