Canaan Inc - ADR (CAN) is around the middle of the Computer Hardware industry according to InvestorsObserver. CAN received an overall rating of 42, which means that it scores higher than 42 percent of all stocks. Canaan Inc - ADR also achieved a score of 59 in the Computer Hardware industry, putting it above 59 percent of Computer Hardware stocks. Computer Hardware is ranked 98 out of the 148 industries.
What do These Ratings Mean?
Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. Investors Observer makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.
What's Happening With Canaan Inc - ADR Stock Today?
Canaan Inc - ADR (CAN) stock has gained 10.06% while the S&P 500 has fallen -0.41% as of 10:00 AM on Monday, Mar 29. CAN has gained $1.75 from the previous closing price of $17.40 on volume of 4,377,041 shares. Over the past year the S&P 500 has risen 50.70% while CAN has gained 560.34%. CAN lost -$0.91 per share the over the last 12 months.