In Monday’s Wall Street session, Canaan Inc ADR (NASDAQ:CAN) shares traded at $0.70, up 5.68% from the previous session.
CAN stock price is now -0.66% away from the 50-day moving average and -46.70% away from the 200-day moving average. The market capitalization of the company currently stands at $201.88M.
With the price target of $3, The Benchmark Company recently initiated with Buy rating for Canaan Inc ADR (NASDAQ: CAN). On March 18, 2025, Compass Point recently initiated its ‘Buy’ rating on the stock quoting a target price of $2.50, while ‘B. Riley Securities’ rates the stock as ‘Buy’
During the past 12 months, Canaan Inc ADR has had a low of $0.53 and a high of $3.27. As of last week, the company has a debt-to-equity ratio of 0.19, a current ratio of 1.50, and a quick ratio of 1.11. The fifty day moving average price for CAN is $0.70852 and a two-hundred day moving average price translates $1.320345 for the stock.
The latest earnings results from Canaan Inc ADR (NASDAQ: CAN) was released for 2025-03-31. The net profit margin was -93.62% and return on equity was -90.43% for CAN. The company reported revenue of $82.78 million for the quarter, compared to $35.09 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 135.89 percent.
