Equities research analysts at Morgan Stanley assumed coverage on shares of Cango (NYSE:CANG) in a research report issued to clients and investors on Monday, The Fly reports. The brokerage set an “overweight” rating on the stock.
Cango stock opened at $8.60 on Monday. Cango has a 12-month low of $8.24 and a 12-month high of $13.90.
Cango Company Profile
ango, Inc is a holding company, which engages in the development and operation of automotive transaction service platform for connecting dealers, financial institutions, and car buyers. It operates the digital automobile trading platform which enables registered dealers to access additional car sourcing channels with value-added services including logistics and warehousing support.
Further Reading: Penny Stocks
Receive News & Ratings for Cango Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cango and related companies with MarketBeat.com's FREE daily email newsletter.