Canaan Inc. (NASDAQ: CAN) flaunted slowness of -8.89% at $12.40, as the Stock market unbolted on April 19, 2021. During the day, the stock rose to $12.81 and sunk to $11.52 before settling in for the price of $13.61 at the close. Taking a more long-term approach, CAN posted a 52-week range of $1.76-$39.10.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 79.00%. This publicly-traded company’s shares outstanding now amounts to $155.50 million, simultaneously with a float of $107.67 million. The organization now has a market capitalization sitting at $1.80 billion. At the time of writing, stock’s 50-day Moving Average stood at $19.65, while the 200-day Moving Average is $7.19.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 333 employees. For the Profitability, stocks gross margin was +8.44, operating margin was -56.71 and Pretax Margin of -48.05.
Canaan Inc. (CAN) Earnings and Revenue Records
This company achieved a net margin of -48.05 while generating a return on equity of -37.64.
Canaan Inc.’s EPS increase for this current 12-month fiscal period is 79.00%.
Canaan Inc. (NASDAQ: CAN) Trading Performance Indicators
Let’s observe the current performance indicators for Canaan Inc. (CAN). It’s Quick Ratio in the last reported quarter now stands at 1.30. The Stock has managed to achieve an average true range (ATR) of 3.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 26.24.
In the same vein, CAN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.21.
Technical Analysis of Canaan Inc. (CAN)
Now, what If we examine the latest scores posted by [Canaan Inc., CAN]. During the last 5-days, its volume was better the volume of 19.25 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 12.69% While, its Average True Range was 2.84.
Raw Stochastic average of Canaan Inc. (CAN) in the period of the previous 100 days is set at 25.67%, which indicates a major rise in contrast to 7.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 190.14% that was lower than 208.60% volatility it exhibited in the past 100-days period.