Witnessing the stock’s movement on the chart, on May 03, 2021, Canaan Inc. (NASDAQ: CAN) set off with pace as it heaved 5.76% to $13.23. During the day, the stock rose to $13.30 and sunk to $12.5138 before settling in for the price of $12.51 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 $113.60 million. The organization now has a market capitalization sitting at $2.18 billion. At the time of writing, stock’s 50-day Moving Average stood at $19.64, while the 200-day Moving Average is $7.77.
Let’s gauge the efficiency of the firm, which has a total of 248 employees. It has generated 261,536 per worker during the last fiscal year. Meanwhile, its income per employee was -125,657. The stock had 3.36 Receivables turnover and 0.43 Total Asset turnover. For the Profitability, stocks gross margin was +5.84, 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 2.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 31.47.
In the same vein, CAN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.21.
Technical Analysis of Canaan Inc. (CAN)
Going through the that latest performance of [Canaan Inc., CAN]. Its last 5-days volume of 9.38 million was inferior to the volume of 18.03 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 38.75% While, its Average True Range was 1.80.
Raw Stochastic average of Canaan Inc. (CAN) in the period of the previous 100 days is set at 27.98%, which indicates a major fall in contrast to 42.05% 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 108.81% that was lower than 208.81% volatility it exhibited in the past 100-days period.