CYN Stock Summary and Trading Ideas (Cyngn | NASDAQ:CYN)

Cyngn Inc is an industrial autonomous vehicle technology company. Its flagship innovation is DriveMod, an autonomous driving solution that can be flexibly deployed on multiple vehicle types manufactured by Original Equipment Manufacturers in various environments.

Cyngn trades on the NASDAQ stock market under the symbol CYN.

As of January 30, 2025, CYN stock price declined to $0.33 with 6,267,886 million shares trading.

CYN has a beta of 5.84, meaning it tends to be more sensitive to market movements. CYN has a correlation of 0.09 to the broad based SPY ETF.

CYN has a market cap of $7.17 million. This is considered a Sub-Micro Cap stock.

Last quarter Cyngn reported $47,584 in Revenue and -$2.74 earnings per share. This fell short of revenue expectation by $-672,416 and exceeded earnings estimates by $.82.

In the last 3 years, CYN traded as high as $568.18 and as low as $.30.

The top ETF exchange traded funds that CYN belongs to (by Net Assets): VXF.

CYN has underperformed the market in the last year with a price return of -98.4% while the SPY ETF gained +24.7%. CYN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -91.5% and -45.6%, respectively, while the SPY returned +4.7% and +2.3%, respectively.

CYN support price is $.33 and resistance is $.42 (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 CYN shares will trade within this expected range on the day.