Cyngn Inc (NASDAQ: CYN) is -35.12% 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 $0.60 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $0.55, the stock is -61.79% and -85.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.75 million and changing -8.38% at the moment leaves the stock -91.51% off its SMA200. CYN registered -95.68% loss for a year compared to 6-month loss of -92.48%. The firm has a 50-day simple moving average (SMA 50) of $3.72196 and a 200-day simple moving average (SMA200) of $6.49339.
The stock witnessed a -86.76% gain in the last 1 month and extending the period to 3 months gives it a -85.11%, and is -32.72% down 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 15.33% over the week and 26.39% over the month.
Cyngn Inc (CYN) has around 81 employees, a market worth around $15.10M and $0.10M in sales. Profit margin for the company is -22105.79%. Distance from 52-week low is 56.77% and -98.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-339.50%).
with sales reaching $400k over the same period., but quarterly earnings will post -58.77% year-over-year. Quarterly sales are estimated to grow 891.08% in year-over-year returns.
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 63.79%. 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
#####
