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The price of Canaan Inc ADR (NASDAQ: CAN) closed at $0.79 in the last session, up 4.20% from day before closing price of $0.76. In other words, the price has increased by $4.20 from its previous closing price. On the day, 25.66 million shares were traded.
Ratios:
We take a closer look at CAN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, The Benchmark Company on May 06, 2025, initiated with a Buy rating and assigned the stock a target price of $3.
On March 18, 2025, Compass Point started tracking the stock assigning a Buy rating and target price of $2.50.
On September 18, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $2.B. Riley Securities initiated its Buy rating on September 18, 2024, with a $2 target price.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.85.
Stock Price History:
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 -5.66%, while the 200-Day Moving Average is calculated to be -41.07%.
Shares Statistics:
A total of 286.84M shares are outstanding, with a floating share count of 267.47M.
Earnings Estimates
The firm’s stock currently is rated by 2.0 analysts. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.07 and low estimates of -$0.07.
Analysts are recommending an EPS of between $0.37 and $0.37 for the fiscal current year, implying an average EPS of $0.37. EPS for the following year is $2.0, with 2.0 analysts recommending between $2.61 and $1.39.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $619.9M. It ranges from a high estimate of $753.02M to a low estimate of $540.59M. As of the current estimate, Canaan Inc ADR’s year-ago sales were $253.34MFor the next quarter, 4 analysts are estimating revenue of $988.56M. There is a high estimate of $1.09B for the next quarter, whereas the lowest estimate is $868.68M.
A total of 5 analysts have provided revenue estimates for CAN’s current fiscal year. The highest revenue estimate was $7.14B, while the lowest revenue estimate was $4.68B, resulting in an average revenue estimate of $5.57B. In the same quarter a year ago, actual revenue was $1.95BBased on 4 analysts’ estimates, the company’s revenue will be $6.81B in the next fiscal year. The high estimate is $9.73B and the low estimate is $4.68B.
