Cyngn Inc (NASDAQ: CYN) is -9.26% lower on its value in year-to-date trading and has touched a low of $0.35 and a high of $31.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CYN stock was last observed hovering at around $0.74 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $0.77, the stock is -62.45% and -80.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.94 million and changing 3.88% at the moment leaves the stock -88.53% off its SMA200. CYN registered -94.18% loss for a year compared to 6-month gain of -79.67%. The firm has a 50-day simple moving average (SMA 50) of $3.96114 and a 200-day simple moving average (SMA200) of $6.795785.
The stock witnessed a -86.74% loss in the last 1 month and extending the period to 3 months gives it a -79.40%, and is 22.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 41.36% over the week and 26.52% over the month.
Cyngn Inc (CYN) has around 81 employees, a market worth around $1.69M and $0.10M in sales. Profit margin for the company is -22105.79%. Distance from 52-week low is 119.27% and -97.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-339.50%).
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Cyngn Inc (CYN) Top Institutional Holders
25.0 institutions hold shares in Cyngn Inc (CYN), with institutional investors hold 12.74% of the company’s shares. The shares outstanding are 2.43M, and float is at 2.24M with Short Float at 19.42%. Institutions hold 12.68% of the Float.
The top institutional shareholder in the company is AH CAPITAL MANAGEMENT, L.L.C. with over 5.76 million shares valued at $0.42 million. The investor’s holdings represent 0.0747% of the CYN Shares outstanding. As of 2024-06-30, the second largest holder is REDPOINT MANAGEMENT, LLC with 2.71 million shares valued at $$0.2 million to account for 0.0352 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.37 million shares representing 0.0307% and valued at over $0.17 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.0111 of the shares totaling 0.86 million with a market value of $62853.0.
Cyngn Inc (CYN) Insider Activity
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