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Canaan Inc - ADR (CAN) Up 5.30% in Premarket Trading

Friday, December 01, 2023 06:57 AM | InvestorsObserver Analysts

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Canaan Inc - ADR (CAN) Up 5.30% in Premarket Trading

Canaan Inc - ADR (CAN) has gained Friday morning, with the stock adding 5.30% in pre-market trading to 1.59. CAN's short-term technical score of 4 indicates that the stock has traded less bullishly over the last month than 96% of stocks on the market. In the Computer Hardware industry, which ranks 73 out of 146 industries, CAN ranks higher than 8% of stocks. Canaan Inc - ADR has fallen 21.35% over the past month, closing at $1.87 on November 3. During this period of time, the stock fell as low as $1.57 and as high as $1.99. CAN has an average analyst recommendation of Strong Buy. The company has an average price target of $4.00.

Overall Score - 32
CAN has an Overall Score of 32. 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 16. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 84% of the market scoring higher. In the Computer Hardware industry which is number 115 by this metric, CAN ranks better than 115% of stocks.

Important Dates for Investors in CAN:

-Canaan Inc - ADR is set to release earnings on 2024-02-26. Over the last 12 months, the company has reported EPS of $19.00. -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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