Cango Inc ADR (NYSE:CANG) shares, rose in value, with the stock price up by 3.53% to the previous day’s close as strong demand from buyers drove the stock to $5.58.
Actively observing the price movement in the recent trading, the stock is buoying the session at $5.39, falling within a range of $5.25 and $5.65. The value of beta (5-year monthly) is 0.563. Referring to stock’s 52-week performance, its high was $9.66, and the low was $1.40. On the whole, CANG has fluctuated by 8.77% over the past month.
With the market capitalization of Cango Inc ADR currently standing at about $375.48 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-14.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CANG’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of CANG currently trading nearly 15.73% and 20.01% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.45, while the 7-day volatility ratio is showing 5.34% which for the 30-day chart, stands at 6.05%. Furthermore, Cango Inc ADR (CANG)’s beta value is 0.50.
A comparison of Cango Inc ADR (CANG) with its peers suggests the former has fared considerably weaker in the market. CANG showed an intraday change of 3.53% in today’s session so far, and over the past year, it grew by 26.82%%.
Data on historical trading for Cango Inc ADR (NYSE:CANG) indicates that the trading volumes over the past 10 days have averaged 0.55 and over the past 3 months, they’ve averaged 378.87K. According to company’s latest data on outstanding shares, there are 67.29 million shares outstanding.
Nearly 7.12% of Cango Inc ADR’s shares belong to company insiders and institutional investors own 5.14% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.2 million shares as on 2025-06-13, resulting in a short ratio of 2.74. According to the data, the short interest in Cango Inc ADR (CANG) stood at 414.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 1.21 million. The stock has risen by 196.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CANG stock heading into the next quarter.
