8.01 +0.01 (0.13%)
After hours: 4:54PM EST
|Bid||8.01 x 800|
|Ask||8.04 x 800|
|Day's range||7.81 - 8.49|
|52-week range||4.20 - 19.60|
|Beta (5Y monthly)||1.28|
|PE ratio (TTM)||70.18|
|Earnings date||12 Mar 2021 - 15 Mar 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||01 May 2020|
|1y target est||10.49|
Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that it plans to release its fourth quarter and full year 2020 financial results after the market closes on Thursday, March 11, 2021. The earnings release will be available on the Company's investor relations website at http://ir.cangoonline.com/.
Cango Inc. Sponsored ADR (CANG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$50 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing two Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from the effective date (the "Effective Date") of the share repurchase program. The Effective Date will be two trading days after the Company issues its earnings release for the fourth quarter of 2020. The Company currently expects to issue such earnings release on or about March 12, 2021.