Cyngn Inc (CYN) concluded trading on Wednesday at a closing price of $0.37, with 4.57 million shares of worth about $1.69 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -93.89% during that period and on January 29, 2025 the price saw a loss of about -11.78%. Currently the company’s common shares owned by public are about 2.43M shares, out of which, 2.20M shares are available for trading.
Stock saw a price change of -32.47% in past 5 days and over the past one month there was a price change of -37.41%. Year-to-date (YTD), CYN shares are showing a performance of -56.25% which decreased to -98.60% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.35 but also hit the highest price of $26.80 during that period. The average intraday trading volume for Cyngn Inc shares is 5.81 million. The stock is currently trading -38.55% below its 20-day simple moving average (SMA20), while that difference is down -86.67% for SMA50 and it goes to -93.31% lower than SMA200.
The stock has a current market capitalization of $10.18M and its 3Y-monthly beta is at -1.27. It has posted earnings per share of -$26.24 in the same period. It has Quick Ratio of 2.22 while making debt-to-equity ratio of 0.10. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CYN, volatility over the week remained 12.34% while standing at 21.51% over the month.
Analysts are in expectations that Cyngn Inc (CYN) stock would likely to be making an EPS of -3.21 in the current quarter, while forecast for next quarter EPS is 0 and it is -10.84 for next year. For the current quarter EPS, analysts have given the company a lowest target -3.21 which is -3.21 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -12.0 in the same quarter a year ago.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Aegis Capital on November 16, 2021 offering a Buy rating for the stock and assigned a target price of $13 to it.
