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Canaan Inc - ADR (CAN) Up 4.23% in Premarket Trading

Monday, March 25, 2024 07:11 AM | InvestorsObserver Analysts

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Canaan Inc - ADR (CAN) Up 4.23% in Premarket Trading

Canaan Inc - ADR (CAN) is higher by Monday morning, with the stock increasing 4.23% in pre-market trading to 1.48. CAN's short-term technical score of 11 indicates that the stock has traded less bullishly over the last month than 89% of stocks on the market. In the Computer Hardware industry, which ranks 77 out of 146 industries, the stock ranks higher than 24% of stocks. Canaan Inc - ADR has fallen 20.67% over the past month, closing at $1.97 on February 26. During this period of time, the stock fell as low as $1.27 and as high as $2.17. CAN has an average analyst recommendation of Strong Buy. The company has an average price target of $4.25.

Overall Score - 31
CAN has an Overall Score of 31. Find out what this means to you and get the rest of the rankings on CAN!
Canaan Inc - ADR has a Long-Term Technical rank of 3. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 97% of the market scoring higher. In the Computer Hardware industry which is number 38 by this metric, CAN ranks better than 38% of stocks.

Important Dates for Investors in CAN:

-Canaan Inc - ADR is set to release earnings on 2024-05-27 -We do not have a set dividend date for Canaan Inc - ADR at this time. Click Here To Get The Full Report on Canaan Inc - ADR (CAN)

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