Canaan Inc ADR’s Market Journey: Closing Strong at 0.62, Up 3.99

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The closing price of Canaan Inc ADR (NASDAQ: CAN) was $0.62 for the day, up 3.99% from the previous closing price of $0.59. In other words, the price has increased by $3.99 from its previous closing price. On the day, 20.12 million shares were traded. CAN stock price reached its highest trading level at $0.6183 during the session, while it also had its lowest trading level at $0.583.

Ratios:

Our analysis of CAN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.09.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on June 18, 2025, initiated with a Market Perform rating and assigned the stock a 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.

On March 18, 2025, Compass Point started tracking the stock assigning a Buy rating and target price of $2.50.Compass Point initiated its Buy rating on March 18, 2025, with a $2.50 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 273777088 and an Enterprise Value of 4220063744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 13.312 whereas that against EBITDA is -24.8.

Stock Price History:

The Beta on a monthly basis for CAN is 3.29, which has changed by -0.3881188 over the last 52 weeks, in comparison to a change of 0.12632763 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 -10.41%, while the 200-Day Moving Average is calculated to be -52.66%.

Shares Statistics:

CAN traded an average of 26.86M shares per day over the past three months and 23532530 shares per day over the past ten days. A total of 286.84M shares are outstanding, with a floating share count of 267.47M. Shares short for CAN as of 1749772800 were 35847082 with a Short Ratio of 1.33, compared to 1747267200 on 34200335. Therefore, it implies a Short% of Shares Outstanding of 35847082 and a Short% of Float of 8.5.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The current rating of Canaan Inc ADR (CAN) reflects the combined expertise of 1.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.5, with high estimates of -$0.5 and low estimates of -$0.5.

Analysts are recommending an EPS of between -$2.66 and -$2.66 for the fiscal current year, implying an average EPS of -$2.66. EPS for the following year is $1.39, with 1.0 analysts recommending between $1.39 and $1.39.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $718.06M to a low estimate of $540.03M. As of the current estimate, Canaan Inc ADR’s year-ago sales were $512.86MFor the next quarter, 4 analysts are estimating revenue of $1.04B. There is a high estimate of $1.22B for the next quarter, whereas the lowest estimate is $840.12M.

A total of 4 analysts have provided revenue estimates for CAN’s current fiscal year. The highest revenue estimate was $4.69B, while the lowest revenue estimate was $3.14B, resulting in an average revenue estimate of $3.76B. In the same quarter a year ago, actual revenue was $1.95BBased on 3 analysts’ estimates, the company’s revenue will be $6.66B in the next fiscal year. The high estimate is $7.18B and the low estimate is $6.37B.

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