kennzo

CANG - Earning Announcement Imminent (Bullish Quarter Ahead)

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kennzo Updated   
NYSE:CANG   Cango Inc.
Cango Inc.

Cango Inc. provides an automotive transaction service platform which connects dealers, financial institutions, car buyers and other industry participants primarily in China. It offer automotive financing services which include facilitating financing transactions from financial institutions to car buyers; automotive transactions between automotive wholesalers, dealers, car buyers and after-market services to car buyers. Cango Inc. is headquartered in Shanghai, the People's Republic of China.

Earnings quarter drawing to a close.
- Excellent fundamentals in Sales and EPS
- Latest News:
'Cango to Buy Back up to $50 Million Worth of Shares
Cango (CANG), a China-based automotive transaction service platform, said Tuesday it will repurchase up to $50 million worth of its outstanding American depositary shares.
The effective date will be two trading days after the company's Q4 earnings release expected around March 12.'

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Comment:
TRADE UPDATE: Neutral so far
Further analysis chart to be created
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