In Friday’s Wall Street session, Cyngn Inc (NASDAQ:CYN) shares traded at $16.33, up 20.07% from the previous session.
CYN stock price is now 222.95% away from the 50-day moving average and -93.36% away from the 200-day moving average. The market capitalization of the company currently stands at $28.61M.
With the price target of $13, Aegis Capital recently initiated with Buy rating for Cyngn Inc (NASDAQ: CYN).
A total of 3.46% of the company’s stock is owned by insiders.
During the past 12 months, Cyngn Inc has had a low of $3.62 and a high of $1600.50. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 8.49, and a quick ratio of 8.08. The fifty day moving average price for CYN is $5.05648 and a two-hundred day moving average price translates $245.80594 for the stock.
The latest earnings results from Cyngn Inc (NASDAQ: CYN) was released for 2025-03-31. The net profit margin was -7534.60% and return on equity was -205.05% for CYN. The company reported revenue of $47000.0 for the quarter, compared to $6000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 683.33 percent. For the current quarter, analysts expect CYN to generate $900k in revenue.
