What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Gainers
Cango (NYSE:CANG) shares moved upwards by 8.05% to $3.89 during Thursday's after-market session. The company's market cap stands at $567.7 million. As per the news, the Q2 earnings report came out today.
Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that its board of directors has authorized a new share repurchase
Cango (NYSE:CANG) reported quarterly earnings of $0.60 per share which missed the analyst consensus estimate of $1.62 by 62.96 percent. This is a 566.67 percent increase over earnings of $0.09 per share from the same