stoxline Quote Chart Rank Option Currency Glossary
  
Canaan Inc. (CAN)
1.06  0.05 (4.95%)    07-26 16:00
Open: 1.05
High: 1.09
Volume: 3,029,908
  
Pre. Close: 1.01
Low: 1.04
Market Cap: 303(M)
Technical analysis
2024-07-26 4:43:03 PM
Short term     
Mid term     
Targets 6-month :  1.37 1-year :  1.53
Resists First :  1.17 Second :  1.3
Pivot price 1.1
Supports First :  0.95 Second :  0.79
MAs MA(5) :  1.06 MA(20) :  1.07
MA(100) :  1.12 MA(250) :  1.61
MACD MACD :  0 Signal :  0
%K %D K(14,3) :  18.7 D(3) :  26
RSI RSI(14): 47.8
52-week High :  3.5 Low :  0.75
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ CAN ] has closed above bottom band by 37.2%. Bollinger Bands are 18% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 1.09 - 1.1 1.1 - 1.1
Low: 1.03 - 1.03 1.03 - 1.04
Close: 1.05 - 1.06 1.06 - 1.07
Company Description

Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. Canaan Inc. was founded in 2013 and is based in Beijing, the People's Republic of China.

Headline News

Tue, 23 Jul 2024
Canaan Inc Investigated By The Schall Law Firm For Potential Securities Breaches, Investors With Losses Urged To Engage In Dialogue - AccessWire

Thu, 18 Jul 2024
Not Many Are Piling Into Canaan Inc. (NASDAQ:CAN) Just Yet - Simply Wall St

Wed, 17 Jul 2024
Canaan Inc. (NASDAQ:CAN) Sees Significant Increase in Short Interest - MarketBeat

Fri, 07 Jun 2024
Canaan Inc. Secures Major Order for Avalon Miner A1566 from Cipher Mining - Blockchain News

Sat, 18 May 2024
Earnings call: Canaan Inc. anticipates post-halving demand surge - Investing.com

Fri, 17 May 2024
Canaan Inc. Surpasses Revenue Forecasts in Q1 2024 - TipRanks

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Neutral
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Technology
Industry:
Computer Hardware
Shares Out 286 (M)
Shares Float 3,650 (M)
Held by Insiders 0 (%)
Held by Institutions 21 (%)
Shares Short 26,410 (K)
Shares Short P.Month 25,210 (K)
Stock Financials
EPS -2.06
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 1.47
Profit Margin -193 %
Operating Margin -194 %
Return on Assets (ttm) -39.9 %
Return on Equity (ttm) -77 %
Qtrly Rev. Growth -36.5 %
Gross Profit (p.s.) 0
Sales Per Share 0.66
EBITDA (p.s.) -1.07
Qtrly Earnings Growth 0 %
Operating Cash Flow 0 (M)
Levered Free Cash Flow 0 (M)
Stock Valuations
PE Ratio -0.52
PEG Ratio 0
Price to Book value 0.72
Price to Sales 1.58
Price to Cash Flow 0
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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