Canaan is a computer hardware business based in the US. Canaan stocks (CAN.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $2.58 – a decrease of 23.79% over the previous week. Canaan employs 541 staff and has a trailing 12-month revenue of around $4.4 billion.
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| Latest market close | $1.89 |
|---|---|
| 52-week range | $1.85 - $4.54 |
| 50-day moving average | $2.66 |
| 200-day moving average | $2.89 |
| Wall St. target price | $4.95 |
| PE ratio | 4.725 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $0.40 |
Note: The dollar amounts in the table below are in Canadian dollars.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the close of $1.89 from 2023-05-26
| 1 week (2023-05-19) | -23.79% |
|---|---|
| 1 month (2023-04-28) | -32.98% |
| 3 months (2023-02-28) | -32.50% |
| 6 months (2022-11-28) | -20.25% |
| 1 year (2022-05-24) | N/A |
|---|---|
| 2 years (2021-05-27) | -79.34% |
| 3 years (2020-05-28) | 2.91 |
| 5 years (2018-05-24) | N/A |
Valuing Canaan stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Canaan's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | $4.4 billion |
|---|---|
| Operating margin TTM | 8.17% |
| Gross profit TTM | $1.5 billion |
| Return on assets TTM | 4.3% |
| Return on equity TTM | 12.64% |
| Profit margin | 11.11% |
| Book value | $25.46 |
| Market capitalisation | $356.2 million |
TTM: trailing 12 months
We're not expecting Canaan to pay a dividend over the next 12 months.
Over the last 12 months, Canaan's shares have ranged in value from as little as $1.85 up to $4.54. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Canaan's is 3.2335. This would suggest that Canaan's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has operations in the United States, Australia, Kazakhstan, Hong Kong, Canada, Mainland China, Thailand, Sweden, and internationally. Canaan Inc. was founded in 2013 and is based in Singapore. .
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