(VIANEWS) – Shares of Canaan (NASDAQ Composite: CAN) dropped 5.39% to $8.43 at 16:19 EST on Wednesday, following the last session’s downward trend. NASDAQ Composite is falling 0% to $15,235.84, after two successive sessions in a row of gains. This seems, up to now, a somewhat bullish trend trading session today.
Canaan’s last close was $8.91, 77.21% below its 52-week high of $39.10.
Today’s last reported volume for Canaan is 4460866 which is 40.01% below its average volume of 7437021.
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 positive 2.18%, a negative 0.99%, and a positive 6.15%, 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 6.82% (last week), 7.55% (last month), and 6.15% (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 $8.43 at 16:19 EST, way under 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 above its 50-day moving average of $7.37 and below its 200-day moving average of $8.81.
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