(VIANEWS) – The NASDAQ opens in less than hour and Canaan‘s pre-market value is already 6.3% up.
Canaan’s last close was $1.27, 63.71% under its 52-week high of $3.50.
The last session, NASDAQ ended with Canaan (CAN) falling 2.31% to $1.27. NASDAQ rose 1.24% to $16,248.52, following the last session’s upward trend on what was an all-around up trend exchanging session.
About Canaan
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.
Earnings Per Share
As for profitability, Canaan has a trailing twelve months EPS of $-2.41.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -87.6%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Canaan’s EBITDA is -2.22.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 72.9% and 82%, respectively.
Moving Average
Canaan’s worth is way below its 50-day moving average of $1.84 and way below its 200-day moving average of $2.04.
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