Cango Inc. Announces November 2025 Bitcoin Production and Mining Operations Update
PRNewswire (Fri, 5-Dec 6:00 AM ET)
Cango Inc. Reports Third Quarter 2025 Unaudited Financial Results
PRNewswire (Tue, 2-Dec 4:01 AM ET)
Cango Inc. to Report Third Quarter 2025 Financial Results on December 1, 2025, Eastern Time
PRNewswire (Tue, 25-Nov 6:00 AM ET)
Cango Inc. Class A Ordinary Shares Begin Trading on NYSE
PRNewswire (Mon, 17-Nov 6:00 AM ET)
Cango Inc. Releases Letter to Shareholders
PRNewswire (Thu, 6-Nov 5:00 AM ET)
Cango Inc. Announces October 2025 Bitcoin Production and Mining Operations Update
PRNewswire (Mon, 3-Nov 5:00 AM ET)
Cango Inc. to Terminate ADR Program and List Class A Ordinary Shares Directly on NYSE
PRNewswire (Wed, 15-Oct 6:00 AM ET)
Cango Inc. Announces September 2025 Bitcoin Production and Mining Operations Update
PRNewswire (Fri, 3-Oct 6:00 AM ET)
Market Chameleon (Fri, 5-Sep 7:40 AM ET)
Cango Inc through its subsidiaries, variable interest entities (VIEs), and subsidiaries of the VIEs, are principally engaged in the bitcoin mining business, and the automobile trading transaction, automotive financing facilitation, and aftermarket service facilitation businesses (collectively, the automobile and related businesses). The Company conducts the bitcoin mining business mainly through its subsidiaries, and the automobile and associated businesses are conducted through the Company's VIEs and the subsidiaries of the VIEs. The company derives the majority of its revenue from the bitcoin mining business.
Cango Class A trades on the NYSE stock market under the symbol CANG.
As of December 19, 2025, CANG stock price climbed to $1.55 with 2,630,170 million shares trading.
CANG has a beta of 0.68, meaning it tends to be less sensitive to market movements. CANG has a correlation of 0.03 to the broad based SPY ETF.
CANG has a market cap of $536.84 million. This is considered a Small Cap stock.
Last quarter Cango Class A reported $225 million in Revenue and -$.10 earnings per share. This fell short of revenue expectation by $-564 million and exceeded earnings estimates by $.10.
In the last 3 years, CANG traded as high as $4.83 and as low as $.46.
The top ETF exchange traded funds that CANG belongs to (by Net Assets): WGMI, BKCH, MNRS, PGJ, EWX.
CANG has underperformed the market in the last year with a return of -46.2%, while the SPY ETF gained +18.1%. In the last 3 month period, CANG fell short of the market, returning -30.3%, while SPY returned +2.8%. However, in the most recent 2 weeks CANG has outperformed the stock market by returning +28.1%, while SPY returned -0.5%.
CANG support price is $1.23 and resistance is $1.41 (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.