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Price: $4.0600
$0.12 
3.046%
|
| Day's High:
| $4.15
| Week Perf:
| -27.37 %
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| Day's Low: |
$ 3.92 |
30 Day Perf: |
2.27 % |
| Volume (M): |
79 |
52 Wk High: |
$ 31.49 |
| Volume (M$): |
$ 319 |
52 Wk Avg: |
$9.87 |
| Open: |
$3.95 |
52 Wk Low: |
$2.85 |
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|
| Market Capitalization (Millions $) |
8 |
| Shares
Outstanding (Millions) |
2 |
| Employees |
3,570 |
| Revenues (TTM) (Millions $) |
1 |
| Net Income (TTM) (Millions $) |
-23 |
| Cash Flow (TTM) (Millions $) |
-6 |
| Capital Exp. (TTM) (Millions $) |
3 |
Cyngn Inc
City National Corporation, a Delaware corporation organized in 1968, is a
bank holding company and a financial holding company under the Gramm-Leach-Bliley
Financial Modernization Act of 1999 (the "GLB Act"). The Corporation
provides a wide range of banking, investment and trust services to its clients
through its wholly-owned banking subsidiary, City National Bank (the "Bank"
and together with the Corporation, its subsidiaries and its asset management
affiliates the "Company"). The Bank, which has conducted business
since 1954, is a national banking association headquartered in Los Angeles,
California and operates through 75 offices, including 16 full-service regional
centers, in Southern California, the San Francisco Bay area, Nevada, New York
City, Nashville, Tennessee and Atlanta, Georgia.
The Company had four consolidated asset management affiliates in which it held
a majority ownership interest. The Company also had one unconsolidated subsidiary,
Business Bancorp Capital Trust I. The Company provides comprehensive financial
solutions to affluent individuals, entrepreneurs, professionals, their businesses
and their families. The Company provides a premier banking and financial experience
through an uncommon dedication to extraordinary service, proactive advice and
complete financial solutions.
Company Address: 1015 O?Brien Dr. Menlo Park 94025 CA
Company Phone Number: 924-5905 Stock Exchange / Ticker: NASDAQ CYN
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Customers Net Income fell by |
CYN's Customers Net Profit Margin fell to |
-44.18 % |
6.16 %
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| Stock Performances by Major Competitors |
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| Stocks on the Move
Published Tue, Aug 6 2024 9:07 PM UTC
In a dynamic confluence of technological advancement and market fluctuations, 2024 is shaping up to be pivotal for Cyngn Inc. (NASDAQ: CYN) as it continues to carve a niche within the autonomous vehicle sector. Recent developments indicate an upward trajectory in both innovation and market presence, despite facing challenges that have impacted stock performance.On July 31, 2...
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| Stocks on the Move
Published Tue, Jul 16 2024 9:24 AM UTC
In the ever-evolving world of technology, companies often face a dynamic business landscape that can significantly impact their performance in the stock market. One such company, Cyngn Inc (NASDAQ: CYN), has recently faced challenges, causing its shares to trail the overall market performance. This article aims to analyze the events surrounding Cyngn Inc s recent performance...
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| Cyngn Inc
a financial analyst specializing in the technology sector, I closely followed Cyngn Inc.'s recent financial results, which were released for the financial span ending September 30, 2023. The company's earnings report revealed a mixed bag of results, but more importantly, it demonstrated Cyngn's resilience and ability to outperform its industry counterparts.
Starting with the earnings per share, Cyngn Inc. showed a significant improvement, decreasing its loss from $-0.16 per share in the previous year to $-0.14 per share. This affirms the company's commitment to cost management and efficiency, even amidst challenging market conditions. Moreover, the company increased its income per share from $-0.19 to $-0.14 compared to the previous quarter, indicating progress in narrowing its losses.
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| Cyngn Inc
As I analyze the financial results of Cyngn Inc, a leading Cloud Computing & Data Analytics company, it is evident that despite posting impressive revenue growth year-on-year, they have faced challenges in managing profitability. In the second quarter of 2023, Cyngn Inc reported a solid revenue advance of $0.55 million, a stark contrast to their counterparts in the Cloud Computing & Data Analytics sector who only managed a 0.76% increase in the same period.
However, it is concerning to note that Cyngn Inc's earnings per share have taken a hit, with the deficit per share increasing to $-0.19 from $-0.17 in the previous reporting season. This decline in profitability is accentuated by a staggering 36.875% drop in revenue to $0.87 million in comparison to the previous year.
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| Cyngn Inc
Investors looking to make a profit on the stock market and considering investing in Cyngn Inc should reconsider their decision as the company has exhibited concerning trends in recent months. Despite growth in revenue per employee, the company?s overall ranking has deteriorated since the fourth quarter of 2022. Additionally, 439 other companies in the technology sector have achieved higher revenue per employee than Cyngn Inc, suggesting that the company is lagging behind its peers.
The company?s financial performance in the January to March 31 2023 time-frame was also disappointing, with a deficit per share of $-0.17 compared to $-0.14 a year ago. The deficit has also grown from $-0.08 per share from the preceding financial reporting period. The revenue has remained unscathed at $0.87 million from $0.00 million in the corresponding financial reporting period a year ago, but sequentially, revenue doubled by 239.185% from $0.26 million.
Furthermore, Cyngn Inc realized a net deficit of $-5.629 million for the January to March 31 2023 time-frame, a significant increase from $-3.819 million a year ago. The company?s financial performance does not seem to be improving, and investors should be cautious before investing in the Cyngn Inc stock.
|
| Per Share |
Current |
| Earnings (TTM) |
-35.82 $ |
| Revenues (TTM) |
0.32 $
|
| Cash Flow (TTM) |
- |
| Cash |
3.4 $
|
| Book Value |
3.35 $
|
| Dividend (TTM) |
0 $ |
|
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| Per Share |
|
| Earnings (TTM) |
-35.82 $
|
| Revenues (TTM) |
0.32 $ |
| Cash Flow (TTM) |
- |
| Cash |
3.4 $
|
| Book Value |
3.35 $ |
| Dividend (TTM) |
0 $ |
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0.58%