(VIANEWS) – Shares of Canaan (NASDAQ: CAN) dropped 7.59% to $4.02 at 13:40 EST on Tuesday, after five consecutive sessions in a row of losses. NASDAQ is rising 0.63% to $13,855.10, following the last session’s upward trend. This seems, as yet, a somewhat positive trend trading session today.
Canaan’s last close was $4.02, 89.72% under its 52-week high of $39.10.
Today’s last reported volume for Canaan is 7462059 which is 68.19% above its average volume of 4436506.
Year-on-year quarterly revenue growth grew by 507.3%, now sitting on 447.69M for the twelve trailing months.
Canaan’s last week, last month’s, and last quarter’s current intraday variation average was a negative 5.75%, a negative 0.62%, and a positive 4.98%, respectively.
Canaan’s highest amplitude of average volatility was 5.75% (last week), 4.13% (last month), and 4.98% (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 $4.02 at 13:40 EST, way under its 52-week high of $39.10 and way above its 52-week low of $3.38.
Canaan’s Moving Average
Canaan’s worth is way below its 50-day moving average of $8.21 and way below its 200-day moving average of $10.66.
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