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Is Canaan Inc - ADR (CAN) a Good Buy in the Computer Hardware Industry?

Monday, October 03, 2022 03:04 PM | InvestorsObserver Analysts
Is Canaan Inc - ADR (CAN) a Good Buy in the Computer Hardware Industry?

Canaan Inc - ADR (CAN) is near the top in its industry group according to InvestorsObserver. CAN gets an overall rating of 68. That means it scores higher than 68 percent of stocks. Canaan Inc - ADR gets a 88 rank in the Computer Hardware industry. Computer Hardware is number 96 out of 148 industries.

Overall Score - 68
CAN has an Overall Score of 68. Find out what this means to you and get the rest of the rankings on CAN!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 68 means the stock is more attractive than 68 percent of stocks.
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 is lower by -3.81% while the S&P 500 has gained 2.96% as of 3:03 PM on Monday, Oct 3. CAN is lower by -$0.12 from the previous closing price of $3.28 on volume of 576,430 shares. Over the past year the S&P 500 is down -14.15% while CAN is lower by -49.68%. CAN earned $2.27 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.39. Click Here to get the full Stock Report for Canaan Inc - ADR stock.

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