Shares of Canaan (CAN) jumped 9.96% to $6.18 at 10:26 EST on Wednesday, after three sequential sessions in a row of losses. NASDAQ Composite (CAN) is rising 0.42% to $14,560.42, following the last session’s upward trend. This seems, as yet, a somewhat bullish trend exchanging session today.
Canaan’s last close was $5.72, 85.37% under its 52-week high of $39.10.
Today’s last reported volume for Canaan is 2605521 which is 66.42% below its average volume of 7758644.
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 4.46%, a negative 2.21%, and a positive 5.94%, 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 4.46% (last week), 4.35% (last month), and 5.94% (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 $6.18 at 10:26 EST, way under its 52-week high of $39.10 and way higher than its 52-week low of $1.80.
Canaan’s Moving Average
Canaan’s value is way below its 50-day moving average of $8.37 and way below its 200-day moving average of $12.58.
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