(VIANEWS) –

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.

Volume

Today’s last reported volume for Canaan is 2605521 which is 66.42% below its average volume of 7758644.

Canaan’s Revenue

Year-on-year quarterly revenue growth grew by 489.9%, now sitting on 782.19M for the twelve trailing months.

Volatility

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.

More news about Canaan (CAN).

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