Canaan Inc ADR (NASDAQ: CAN) flaunted slowness of -1.29% at $0.72, as the Stock market unbolted on Wednesday, before settling in for the price of $0.73 at the close. Taking a more long-term approach, CAN posted a 52-week range of $0.53-$3.27.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 2.47%. Meanwhile, its Annual Earning per share during the time was 2.47%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 87.86%. This publicly-traded company’s shares outstanding now amounts to $448.23 million, simultaneously with a float of $267.47 million. The organization now has a market capitalization sitting at $321.29 million. At the time of writing, stock’s 50-day Moving Average stood at $0.7341, while the 200-day Moving Average is $1.2280.
Canaan Inc ADR (CAN) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year. Canaan Inc ADR’s EPS increase for this current 12-month fiscal period is 87.86% and is forecasted to reach 0.09 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 1.32. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.93.
In the same vein, CAN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.90, a figure that is expected to reach -0.00 in the next quarter, and analysts are predicting that it will be 0.09 at the market close of one year from today.
Technical Analysis of Canaan Inc ADR (CAN)
Now, what If we examine the latest scores posted by [Canaan Inc ADR, CAN]. During the last 5-days, its volume was lower the volume of 27.31 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 53.96% While, its Average True Range was 45.79%.
Raw Stochastic average of Canaan Inc ADR (CAN) in the period of the previous 100 days is set at 31.11%, which indicates a major fall in contrast to 42.89% 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 0.0504 that was lower than 0.0642 volatility it exhibited in the past 100-days period.
