The trading price of Cyngn Inc (NASDAQ:CYN) closed lower on Monday, July 07, and closing at $12.56, -2.26% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $12.14 and $12.98. In examining the 52-week price action we see that the stock hit a 52-week high of $1600.50 and a 52-week low of $3.62. Over the past month, the stock has gained 153.74% in value.
Cyngn Inc, whose market valuation is $63.54 million at the time of this writing, is expected to release its quarterly earnings report on 2025-May-07. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest CYN has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that CYN’s price is currently 62.71% off the SMA20 and 111.82% off the SMA50. The RSI metric on the 14-day chart is currently showing 65.63, and weekly volatility stands at 14.66%. When measured over the past 30 days, the indicator reaches 23.22%. Cyngn Inc (NASDAQ:CYN)’s beta value is currently sitting at 0.10.
To see how Cyngn Inc stock has been performing in comparison to its peers in the industry, here are the numbers: CYN stock’s performance was -2.26% in the latest trading, and -90.14% in the past year.
An evaluation of the daily trading volume of Cyngn Inc (NASDAQ:CYN) indicates that the 3-month average is 3.99 million. However, this figure has increased over the past 10 days to an average of 24.66.
Currently, records show that 5.06 million of the company’s shares remain outstanding. The insiders hold 3.46% of outstanding shares, whereas institutions hold 4.60%. The stats also highlight that short interest as of 2025-06-13, stood at 27255.0 shares, resulting in a short ratio of 0.87 at that time. From this, we can conclude that short interest is 266.00 of the company’s total outstanding shares. It is noteworthy that short shares in June were down slightly from the previous month’s figure, which was 70616.0. However, since the stock’s price has seen -98.36% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
