Market Watch Highlights: Canaan Inc ADR (CAN) Ends on an% Downturn Note at 0.93

Nora Barnes

Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.

As of close of business last night, Canaan Inc ADR’s stock clocked out at $0.93, down -4.59% from its previous closing price of $0.98. In other words, the price has decreased by -$4.59 from its previous closing price. On the day, 17.06 million shares were traded. CAN stock price reached its highest trading level at $0.9641 during the session, while it also had its lowest trading level at $0.928.

Ratios:

To gain a deeper understanding of CAN’s stock, we examine 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 633310400 and an Enterprise Value of 7794275840. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 18.46 whereas that against EBITDA is -57.377.

Stock Price History:

The Beta on a monthly basis for CAN is 2.86, which has changed by -0.6876254 over the last 52 weeks, in comparison to a change of 0.13506866 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 -24.74%, while the 200-Day Moving Average is calculated to be 2.36%.

Shares Statistics:

It appears that CAN traded 53.28M shares on average per day over the past three months and 25245810 shares per day over the past ten days. A total of 540.91M shares are outstanding, with a floating share count of 267.47M. Shares short for CAN as of 1763078400 were 35735392 with a Short Ratio of 0.67, compared to 1760486400 on 36172706. Therefore, it implies a Short% of Shares Outstanding of 35735392 and a Short% of Float of 5.59.

Earnings Estimates

The dynamic stock of Canaan Inc ADR (CAN) is currently being evaluated by a team of 3.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.02, with high estimates of $0.02 and low estimates of $0.02.

Analysts are recommending an EPS of between -$0.01 and -$0.22 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is $0.05, with 3.0 analysts recommending between $0.14 and $0.0.

Revenue Estimates

In. The current quarter, 5 analysts expect revenue to total $181.52M. It ranges from a high estimate of $190M to a low estimate of $156.4M. As of. The current estimate, Canaan Inc ADR’s year-ago sales were $88.77MFor the next quarter, 5 analysts are estimating revenue of $168.65M. There is a high estimate of $193.4M for the next quarter, whereas the lowest estimate is $135M.

A total of 5 analysts have provided revenue estimates for CAN’s current fiscal year. The highest revenue estimate was $523.5M, while the lowest revenue estimate was $489.8M, resulting in an average revenue estimate of $514.98M. In the same quarter a year ago, actual revenue was $269.32MBased on 5 analysts’ estimates, the company’s revenue will be $744.18M in the next fiscal year. The high estimate is $850M and the low estimate is $605M.

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.