Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Canaan Inc ADR (NASDAQ: CAN) closed the day trading at $0.81 down -9.63% from the previous closing price of $0.9. In other words, the price has decreased by -$9.63 from its previous closing price. On the day, 76.19 million shares were traded. CAN stock price reached its highest trading level at $0.9349 during the session, while it also had its lowest trading level at $0.8065.
Ratios:
For a better understanding of CAN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 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 373997248 and an Enterprise Value of 4220063744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.88. 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 3.26, which has changed by -0.22500002 over the last 52 weeks, in comparison to a change of 0.13161862 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 14.55%, while the 200-Day Moving Average is calculated to be -37.04%.
Shares Statistics:
Over the past 3-months, CAN traded about 37.24M shares per day on average, while over the past 10 days, CAN traded about 73596730 shares per day. 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 1.15, 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
