CANG Stock Summary and Trading Ideas (Cango Class A | NYSE:CANG)

Cango Inc is a Bitcoin mining company with a vision to establish an integrated, world-wide infrastructure platform capable of powering the future digital economy. The operations are divided into two reportable segments (i) Bitcoin Mining Business and (ii) International Automobile Trading Business. The Company's mining operations span over 40 sites across North America, the Middle East, South America, and East Africa. Since entering the digital asset space in November 2024, Cango has activated pilot projects in both integrated energy solutions and distributed AI computing. In parallel, Cango continues to operate an online international used car export business through its subsidiary.

What symbol and exchange does Cango Class A shares trade?

Cango Class A trades on the NYSE stock market under the symbol CANG.

What is Cango Class A stock price doing today?

As of September 2, 2026, CANG stock price climbed to $1.89 with 78,123 million shares trading.

What is Cango Class A's Beta?

CANG has a beta of 3.38, meaning it tends to be more sensitive to market movements. CANG has a correlation of 0.14 to the broad based SPY ETF.

How much is Cango Class A worth?

CANG has a market cap of $77.53 million. This is considered a Micro Cap stock.

How much money does Cango Class A make?

Last quarter Cango Class A reported $51 million in Revenue and -$1.99 earnings per share. This fell short of revenue expectation by $-290 million and missed earnings estimates by -$1.09.

What is the highest and lowest price Cango Class A traded in the last 3 year period?

In the last 3 years, CANG traded as high as $48.30 and as low as $1.36.

What are the top ETFs holding Cango Class A?

The top ETF exchange traded funds that CANG belongs to (by Net Assets): BKCH, WGMI, MNRS, GXC, EWX.

Is Cango Class A (CANG) a good investment?

CANG has underperformed the market in the last year with a return of -92.1%, while the SPY ETF gained +19.3%. In the last 3 month period, CANG fell short of the market, returning -55.1%, while SPY returned +0.7%. However, in the most recent 2 weeks CANG has outperformed the stock market by returning +16.0%, while SPY returned -0.7%.

What are the support and resistance levels for Cango Class A (CANG)?

CANG support price is $1.66 and resistance is $2.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CANG shares will trade within this expected range on the day.