(VIANEWS) – The NASDAQ ended the session with Canaan rising 22.87% to $3.17 on Tuesday, after five successive sessions in a row of gains. NASDAQ rose 0.19% to $14,992.97, after two successive sessions in a row of gains, on what was a somewhat bullish trend trading session today.
Canaan’s last close was $3.17, 20.35% below its 52-week high of $3.98.
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 $-0.47.
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 -53.23%.
Volatility
Canaan’s last week, last month’s, and last quarter’s current intraday variation average was 9.97%, 3.42%, and 5.35%.
Canaan’s highest amplitude of average volatility was 9.97% (last week), 8.53% (last month), and 5.35% (last quarter).
Sales Growth
Canaan’s sales growth is negative 39.7% for the current quarter and negative 21.9% for the next.
More news about Canaan (CAN).
