Stock Surge: Canaan Inc ADR (CAN) Closes at $1.19, Marking a 5.31 Increase/Decrease

Abby Carey

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In the latest session, Canaan Inc ADR (NASDAQ: CAN) closed at $1.19 up 5.31% from its previous closing price of $1.13. In other words, the price has increased by $5.31 from its previous closing price. On the day, 28.02 million shares were traded. CAN stock price reached its highest trading level at $1.21 during the session, while it also had its lowest trading level at $1.05.

Ratios:

For a deeper understanding of Canaan Inc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.07.

On June 18, 2025, Northland Capital started tracking the stock assigning a Market Perform rating and target price of $1.50.

On May 06, 2025, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $3.The Benchmark Company initiated its Buy rating on May 06, 2025, with a $3 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAN now has a Market Capitalization of 558113856 and an Enterprise Value of 8352070656. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 24.184 whereas that against EBITDA is -61.925.

Stock Price History:

The Beta on a monthly basis for CAN is 2.89, which has changed by -0.33146065 over the last 52 weeks, in comparison to a change of 0.12121439 over the same period for the S&P500. Over the past 52 weeks, CAN has reached a high of $3.27, while it has fallen to a 52-week low of $0.53. The 50-Day Moving Average of the stock is 2.34%, while the 200-Day Moving Average is calculated to be 19.12%.

Shares Statistics:

For the past three months, CAN has traded an average of 52.96M shares per day and 52810820 over the past ten days. A total of 448.23M shares are outstanding, with a floating share count of 267.47M. Shares short for CAN as of 1760486400 were 36172706 with a Short Ratio of 0.68, compared to 1757894400 on 42390569. Therefore, it implies a Short% of Shares Outstanding of 36172706 and a Short% of Float of 8.4.

Earnings Estimates

At present, 2.0 analysts are actively evaluating the performance of Canaan Inc ADR (CAN) in the stock market.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.03 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.21 and -$0.21 for the fiscal current year, implying an average EPS of -$0.21. EPS for the following year is $0.28, with 1.0 analysts recommending between $0.28 and $0.28.

Revenue Estimates

A total of 6 analysts believe the company’s revenue will be $130.45M this quarter.It ranges from a high estimate of $139.2M to a low estimate of $122.1M. As of. The current estimate, Canaan Inc ADR’s year-ago sales were $73.61MFor the next quarter, 6 analysts are estimating revenue of $148.28M. There is a high estimate of $160M for the next quarter, whereas the lowest estimate is $130.7M.

A total of 6 analysts have provided revenue estimates for CAN’s current fiscal year. The highest revenue estimate was $481.9M, while the lowest revenue estimate was $435.7M, resulting in an average revenue estimate of $461.88M. In the same quarter a year ago, actual revenue was $269.32MBased on 5 analysts’ estimates, the company’s revenue will be $711.4M in the next fiscal year. The high estimate is $900M and the low estimate is $512.3M.

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