On Monday, Canaan Inc ADR (NASDAQ: CAN) was 0.53% up from the session before settling in for the closing price of $1.89. A 52-week range for CAN has been $0.72 – $3.27.
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During the last 5-year period, the sales growth of Technology Sector giant was 235.06%. When this article was written, the company’s average yearly earnings per share was at 70.86%. With a float of $267.51 million, this company’s outstanding shares have now reached $267.51 million.
Let’s determine the extent of company efficiency that accounts for 445 employees. In terms of profitability, gross margin is -63.06%, operating margin of -115.33%, and the pretax margin is -145.24%.
Canaan Inc ADR (CAN) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Canaan Inc ADR stocks. The insider ownership of Canaan Inc ADR is 0.00%, while institutional ownership is 21.42%.
Canaan Inc ADR (CAN) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 70.86% per share during the next fiscal year.
Canaan Inc ADR (NASDAQ: CAN) Trading Performance Indicators
You can see what Canaan Inc ADR (CAN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.35, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of Canaan Inc ADR (CAN)
Looking closely at Canaan Inc ADR (NASDAQ: CAN), its last 5-days average volume was 11.7 million, which is a drop from its year-to-date volume of 17.05 million. As of the previous 9 days, the stock’s Stochastic %D was 22.70%. Additionally, its Average True Range was 0.21.
During the past 100 days, Canaan Inc ADR’s (CAN) raw stochastic average was set at 42.19%, which indicates a significant increase from 23.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 100.22% in the past 14 days, which was lower than the 133.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1982, while its 200-day Moving Average is $1.3525. However, in the short run, Canaan Inc ADR’s stock first resistance to watch stands at $1.9433. Second resistance stands at $1.9867. The third major resistance level sits at $2.0333. If the price goes on to break the first support level at $1.8533, it is likely to go to the next support level at $1.8067. Now, if the price goes above the second support level, the third support stands at $1.7633.
Canaan Inc ADR (NASDAQ: CAN) Key Stats
There are 281,582K outstanding shares of the company, which has a market capitalization of 508.27 million. As of now, sales total 211,480 K while income totals -414,150 K. Its latest quarter income was 73,610 K while its last quarter net income were -75,580 K.
