(VIANEWS) – Shares of Canaan (NASDAQ Composite: CAN) rose by a staggering 11.37% to $5.68 at 17:59 EST on Friday, following the last session’s downward trend. NASDAQ Composite is jumping 0.05% to $14,942.83, following the last session’s downward trend. This seems, as yet, a somewhat positive trend trading session today.
Canaan’s last close was $5.10, 86.96% below its 52-week high of $39.10.
Today’s last reported volume for Canaan is 3208251 which is 36.74% below its average volume of 5071928.
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 positive 4.63%, a negative 0.30%, and a positive 5.05%, respectively.
Canaan’s highest amplitude of average volatility was 4.92% (last week), 3.53% (last month), and 5.05% (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 oversold (<=20).
Canaan’s Stock Yearly Top and Bottom Value
Canaan’s stock is valued at $5.68 at 17:59 EST, way below its 52-week high of $39.10 and way higher than its 52-week low of $3.38.
Canaan’s Moving Average
Canaan’s value is way under its 50-day moving average of $8.21 and way under its 200-day moving average of $10.66.
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