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Where Does Canaan Inc - ADR (CAN) Stock Fall in the Computer Hardware Field After It Has Fallen -42.70% This Week?

Thursday, March 25, 2021 11:56 AM | InvestorsObserver Analysts
Where Does Canaan Inc - ADR (CAN) Stock Fall in the Computer Hardware Field After It Has Fallen -42.70% This Week?

A rating of 54 puts Canaan Inc - ADR (CAN) near the middle of the Computer Hardware industry according to InvestorsObserver. Canaan Inc - ADR's score of 54 means it scores higher than 54% of stocks in the industry. Canaan Inc - ADR also received an overall rating of 37, putting it above 37% of all stocks. Computer Hardware is ranked 105 out of the 148 industries.

Overall Score - 37
CAN has an Overall Score of 37. Find out what this means to you and get the rest of the rankings on CAN!

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 is trading at $16.52 as of 11:45 AM on Thursday, Mar 25, a drop of -$1.36, or -7.63% from the previous closing price of $17.88. The stock has traded between $15.59 and $17.44 so far today. Volume today is low. So far 12,673,413 shares have traded compared to average volume of 25,199,897 shares.

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

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