(VIANEWS) – Shares of Canaan (CAN) rose 6.29% to $8.45 at 11:29 EST on Thursday, after three consecutive sessions in a row of gains. NASDAQ Composite is rising 0.65% to $14,877.32, after three successive sessions in a row of gains. This seems, as yet, a somewhat bullish trend exchanging session today.
Canaan’s last close was $7.82, 80% under its 52-week high of $39.10.
Today’s last reported volume for Canaan is 3173536 which is 57.79% below its average volume of 7518550.
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 3.81%, a negative 0.68%, and a positive 6.54%, 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 13.40% (last week), 6.75% (last month), and 6.54% (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 $8.45 at 11:29 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 worth is way higher than its 50-day moving average of $7.22 and way under its 200-day moving average of $12.55.
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