Witnessing the stock’s movement on the chart, on Wednesday Canaan Inc ADR (NASDAQ: CAN) set off with pace as it heaved 4.24% to $0.99, before settling in for the price of $0.95 at the close. Taking a more long-term approach, CAN posted a 52-week range of $0.75-$3.50.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
In the past 5-years timespan, the Technology sector firm’s annual sales growth was 178.12%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 50.61%. This publicly-traded company’s shares outstanding now amounts to $213.56 million, simultaneously with a float of $149.26 million. The organization now has a market capitalization sitting at $211.72 million. At the time of writing, stock’s 50-day Moving Average stood at $1.4705, while the 200-day Moving Average is $1.8921.
Canaan Inc ADR (CAN) Earnings and Revenue Records
As on 12/31/2023, Multinational firm has announced its last quarter scores, in which it reported -0.48 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.21) by -0.27. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.41 per share during the current fiscal year.
Canaan Inc ADR’s EPS increase for this current 12-month fiscal period is 50.61%.
Canaan Inc ADR (NASDAQ: CAN) Trading Performance Indicators
Let’s observe the current performance indicators for Canaan Inc ADR (CAN). It’s Quick Ratio in the last reported quarter now stands at 1.24. The Stock has managed to achieve an average true range (ATR) of 0.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.00.
In the same vein, CAN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.40, a figure that is expected to reach -0.20 in the next quarter.
Technical Analysis of Canaan Inc ADR (CAN)
Going through the that latest performance of [Canaan Inc ADR, CAN]. Its last 5-days volume of 20.09 million indicated improvement to the volume of 17.78 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 37.06% While, its Average True Range was 0.1400.
Raw Stochastic average of Canaan Inc ADR (CAN) in the period of the previous 100 days is set at 8.78%, which indicates a major fall in contrast to 37.43% 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 150.66% that was higher than 146.49% volatility it exhibited in the past 100-days period.
