Canaan Inc. ADR (CAN): Price and Financial Metrics
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CAN Price/Volume Stats
|Current price||$2.62||52-week high||$8.45|
|Prev. close||$2.52||52-week low||$2.32|
|Day high||$2.63||Avg. volume||3,214,622|
|50-day MA||$3.02||Dividend yield||N/A|
|200-day MA||$3.79||Market Cap||449.34M|
Canaan Inc. ADR (CAN) Company Bio
Canaan, Inc. designs and sells integrated circuits. It offers Kendryte AI and Avalon Miner products. The firm is a developer of supercomputing chips and the manufacturer of digital block chain computing equipment as well as the supplier of overall scheme for computer software and hardware of digital block chain. The company was founded by Li Jiaxuan, Liu Xiangfu and Zhang Nangeng in 2013 and is headquartered in Hangzhou, China.
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Below are the latest news stories about CANAAN INC that investors may wish to consider to help them evaluate CAN as an investment opportunity.
Canaan ( NASDAQ:CAN ) Third Quarter 2022 Results Key Financial Results Revenue: CN¥978.2m (down 26% from 3Q 2021). Net...
Market forces rained on the parade of Canaan Inc. ( NASDAQ:CAN ) shareholders today, when the analysts downgraded their...
Canaan Clocks 26% Revenue Decline In Q3 As Bitcoin Mining Market Deteriorated; See More Tough Times Ahead
Canaan Inc (NASDAQ: CAN) reported a third-quarter FY22 revenue decline of 25.8% year-on-year to $137.5 million, missing the consensus of $151.6 million. Adjusted EPS of $0.14 beat the consensus of $0.07. Total computing power sold decreased 48.5% Y/Y to 3.5 million Thash/s. Canaan held $281.5 million in cash and equivalents. Canaan held 535.48 bitcoins on its balance sheet as of September 30. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, commented, "The bitcoin mining market det
Canaan (CAN) delivered earnings and revenue surprises of 600% and 4.04%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended September 30, 2022.
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