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Is Canaan Inc - ADR (CAN) the Top Pick in the Computer Hardware Industry?

Thursday, December 31, 2020 10:16 AM | InvestorsObserver Analysts

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Is Canaan Inc - ADR (CAN) the Top Pick in the Computer Hardware Industry?

A rating of 52 puts Canaan Inc - ADR (CAN) near the middle of the Computer Hardware industry according to InvestorsObserver. Canaan Inc - ADR's score of 52 means it scores higher than 52% of stocks in the industry. Canaan Inc - ADR also received an overall rating of 40, putting it above 40% of all stocks. Computer Hardware is ranked 70 out of the 148 industries.

Overall Score - 40
CAN has an Overall Score of 40. Find out what this means to you and get the rest of the rankings on CAN!

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. Investors Observer allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 40 would rank higher than 40 percent of all stocks.

This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in any industry with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With Canaan Inc - ADR Stock Today?

Canaan Inc - ADR (CAN) stock is trading at $5.29 as of 9:57 AM on Thursday, Dec 31, a gain of $0.91, or 20.78% from the previous closing price of $4.38. The stock has traded between $4.90 and $5.45 so far today. Volume today is high. So far 10,913,201 shares have traded compared to average volume of 8,347,488 shares.

Click Here to get the full Stock Score Report on Canaan Inc - ADR (CAN) Stock.

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