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Canaan Inc ADR (NASDAQ: CAN) closed the day trading at $0.91 down -4.89% from the previous closing price of $0.96. In other words, the price has decreased by -$4.89 from its previous closing price. On the day, 27.08 million shares were traded. CAN stock price reached its highest trading level at $0.945 during the session, while it also had its lowest trading level at $0.8922.
Ratios:
For a better understanding of CAN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 512873824 and an Enterprise Value of 7621557760. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 18.051 whereas that against EBITDA is -56.106.
Stock Price History:
The Beta on a monthly basis for CAN is 2.93, which has changed by -0.47252744 over the last 52 weeks, in comparison to a change of 0.1177547 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 -25.01%, while the 200-Day Moving Average is calculated to be -2.91%.
Shares Statistics:
Over the past 3-months, CAN traded about 52.10M shares per day on average, while over the past 10 days, CAN traded about 34880450 shares per day. A total of 540.91M shares are outstanding, with a floating share count of 267.47M. Shares short for CAN as of 1761868800 were 30557666 with a Short Ratio of 0.59, compared to 1759190400 on 39416568. Therefore, it implies a Short% of Shares Outstanding of 30557666 and a Short% of Float of 7.1.
