(VIANEWS) – Shares of Canaan (NASDAQ Composite: CAN) slid 5.36% to $6.36 at 11:19 EST on Tuesday, following the last session’s upward trend. NASDAQ Composite is dropping 0.04% to $14,480.35, after two successive sessions in a row of losses. This seems, as yet, a somewhat bearish trend exchanging session today.
Canaan’s last close was $6.72, 82.81% under its 52-week high of $39.10.
Today’s last reported volume for Canaan is 1820506 which is 74.15% below its average volume of 7042786.
Year-on-year quarterly revenue growth grew by 489.9%, now sitting on 782.19M for the twelve trailing months.
Canaan’s last week, last month’s, and last quarter’s current volatility was a negative 1.61%, a negative 4.95%, and a positive 6.30%, respectively.
Canaan’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.31% (last week), 7.89% (last month), and 6.30% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Canaan’s stock is considered to be overbought (>=80).
Canaan’s Stock Yearly Top and Bottom Value
Canaan’s stock is valued at $6.36 at 11:19 EST, way below its 52-week high of $39.10 and way above its 52-week low of $1.85.
Canaan’s Moving Average
Canaan’s value is way under its 50-day moving average of $7.89 and way under its 200-day moving average of $9.68.
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