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Should You Sell Canaan Inc - ADR (CAN) Stock Tuesday Morning?

Tuesday, March 26, 2024 07:36 AM | InvestorsObserver Analysts

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Should You Sell Canaan Inc - ADR (CAN) Stock Tuesday Morning?

Canaan Inc - ADR (CAN) has gained Tuesday morning, with the stock rising 2.11% in pre-market trading to 1.45. CAN's short-term technical score of 12 indicates that the stock has traded less bullishly over the last month than 88% of stocks on the market. In the Computer Hardware industry, which ranks 73 out of 146 industries, Canaan Inc - ADR ranks higher than 11% of stocks. Canaan Inc - ADR has fallen 20.67% over the past month, closing at $1.75 on February 27. 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 - 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 4. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 96% of the market scoring higher. In the Computer Hardware industry which is number 36 by this metric, CAN ranks better than 36% 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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