Canaan Inc. ADR (CAN): Price and Financial Metrics
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CAN Price/Volume Stats
|Current price||$3.50||52-week high||$11.50|
|Prev. close||$3.20||52-week low||$2.56|
|Day high||$3.52||Avg. volume||5,031,433|
|50-day MA||$4.35||Dividend yield||N/A|
|200-day MA||$6.17||Market Cap||654.30M|
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.
By Adedapo Adesanya Earnipay, a financial technology solution that provides flexible and on-demand salary access to income-earners, has closed a seed round of $4 million led by Canaan. The round also saw participation from XYZ Ventures, Village Global, Musha Ventures, Ventures Platform, Voltron Capital and Paystack CEO, Mr Shola Akinlade. Targeting employees across Africa, Earnipay […]
Earnipay, a financial technology solution that provides flexible and on-demand salary access to income-earners, has closed a Seed round of $4 million led by Canaan and with participation from XYZ Ventures, Village Global, Musha Ventures, Ventures Platform, Voltron Capital and Paystack CEO Shola Akinlade. With the funding raised, Earnipay will accelerate the development of its […]
Earnipay, a fintech that provides flexible and on-demand salary access to income-earners, has raised $4 million in seed financing led by early-stage venture capital firm Canaan. Participating investors include XYZ Ventures, Village Global, Musha Ventures, Voltron Capital, Ventures Platform and Paystack CEO Shola Akinlade. Earnipay, which has been in beta since September 2021 and only […]
Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it plans to release its fourth quarter and full year 2021 financial results before the market opens on Thursday, March 3, 2022.
Alibaba Group Holdings, Ltd (NYSE: BABA ) was holding strong compared to the general markets on Wednesday, trading mostly flat despite the SPDR S&P 500 falling almost 1% lower at one point. On Tuesday, it was reported Alibaba has partnered with Canaan Inc (NASDAQ: CAN ) to develop operating systems for artificial intelligence chips. The global chip shortage continues to plague manufacturers of electronics and the Chinese Communist Party has been pushing Alibaba to design its own processing chips in an effort to become less reliant on the U.S., Europe, Japan, Taiwan, and South Korea for components. Alibaba has been severely beaten down since Oct. 27, 2020, when the stock reached an all-time high of 319.32. Since that date, the stock has lost over 65% of its value to reach a low of 110.06...
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