Canaan Inc ADR (NASDAQ:CAN) traded at $0.87 at close of the session on Tuesday, April 01 and made a downward move of -1.21% on its previous day’s price.
Looking at the stock we see that its previous close was $0.88 and the beta (5Y monthly) reads 3.398 with the day’s price range being $0.79 – $0.89. In terms of its 52-week price range, CAN has a high of $3.27 and a low of $0.72. The company’s stock has lost about -26.51% over that past 30 days.
Canaan Inc ADR has a market cap of $237.39 million and is expected to release its quarterly earnings report on 2025-Mar-25.
On the other hand, looking at the outlook for the CAN stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is -16.59% off its SMA20 and -41.35% from its 50-day simple moving average. The RSI (14) is pointing at 30.33 while the volatility over the past week is 10.48% and jumps to 9.13% over the past one month. The beta value is 3.49, while the average true range (ATR) is currently pointing at 0.12. The average price target for the stock over the next 12 months is $2, with the estimates having a low of $2 and a high of $2. These price ends are -129.89% and -129.89% off the current price level respectively, although investors could be excited at the prospect of a -129.89% if the CAN share price touches on the median price of $2.
Coming back to Canaan Inc ADR (NASDAQ:CAN), we note that the average 3-month trading volume was 15.47 million, while that of the preceding 10-day period stands at 19.0 million. Current shares outstanding are 273.74 million.
