Witnessing the stock’s movement on the chart, on Thursday, Canaan Inc ADR (NASDAQ: CAN) set off with pace as it heaved 3.31% to $1.87, before settling in for the price of $1.81 at the close. Taking a more long-term approach, CAN posted a 52-week range of $0.72-$3.27.
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The Technology sector firm’s twelve-monthly sales growth has been 235.06% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 70.86%. This publicly-traded company’s shares outstanding now amounts to $267.51 million, simultaneously with a float of $149.26 million. The organization now has a market capitalization sitting at $511.89 million. At the time of writing, stock’s 50-day Moving Average stood at $2.2034, while the 200-day Moving Average is $1.3430.
Canaan Inc ADR (CAN) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
Canaan Inc ADR’s EPS increase for this current 12-month fiscal period is 70.86% and is forecasted to reach 0.36 in the upcoming year.
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 0.96. The Stock has managed to achieve an average true range (ATR) of 0.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.23.
In the same vein, CAN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.35, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be 0.36 at the market close of one year from today.
Technical Analysis of Canaan Inc ADR (CAN)
Going through the that latest performance of [Canaan Inc ADR, CAN]. Its last 5-days volume of 15.2 million was inferior to the volume of 17.46 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 11.29% While, its Average True Range was 0.2066.
Raw Stochastic average of Canaan Inc ADR (CAN) in the period of the previous 100 days is set at 40.93%, which indicates a major rise in contrast to 14.75% 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 107.25% that was lower than 135.17% volatility it exhibited in the past 100-days period.
