Canaan Inc ADR saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $3.27 on 12/16/24, while the lowest price for the same duration was marked at $0.72 on 08/05/24.
52-week price history of CAN Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Canaan Inc ADR’s current trading price is -45.26% away from its 52-week high, while its distance from the 52-week low is 148.61%. The stock’s price range during this period has spanned from $0.72 to $3.27. In the Technology sector, the Canaan Inc ADR’s shares surpassed a trading volume of approximately 12.09 million for the day, which was noticeably lower compared to the average daily volume of 9.19.71 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Canaan Inc ADR (CAN) has experienced a quarterly rise of 8.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 478.84M and boasts a workforce of 445 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.7329, with a change in price of +0.7800. Similarly, Canaan Inc ADR recorded 15,530,884 in trading volume during the last 100 days, posting a change of +77.23%.
Examining CAN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CAN stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.08.
CAN Stock Stochastic Average
Today, Canaan Inc ADR’s raw stochastic average for the past 50 days stands at 7.50%, indicating a decline from the raw stochastic average of the last 20 days, which was 16.67%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 14.35% and 18.91% respectively.
CAN Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded a decrease of -12.68%. However, over the last six months, the performance has been weaker by 115.04%. The price of CAN decreased -7.73% over the last 30 days. And in the last five days, it has fallen by -5.29%.
