Canaan Inc.

3.98+0.1000+2.58%Vol 1.82M1Y Perf -56.89%
Aug 8th, 2022 16:00 DELAYED
BID3.97 ASK4.05
Open4.10 Previous Close3.88
Pre-Market- After-Market4.03
 - -  0.05 1.26%
Target Price
7.33 
Analyst Rating
Strong Buy 1.00
Potential %
84.17 
Finscreener Ranking
 —    -
Insiders Trans % 3/6/12 mo.
-/-/- 
Value Ranking
★★★★★     71.57
Insiders Value % 3/6/12 mo.
-/-/- 
Growth Ranking
★★★★★     82.18
Insiders Shares Cnt. % 3/6/12 mo.
-/-/- 
Income Ranking
 —    -
Price Range Ratio 52W %
16.45 
Earnings Rating
Market Cap744.03M 
Earnings Date
18th Aug 2022
Alpha0.04 Standard Deviation0.56
Beta3.81 

Today's Price Range

3.974.20

52W Range

2.5611.19

Summary:

Sell

Technical Indicators: Neutral
Moving Averages: Strong Sell
Performance
1 Week
4.46%
1 Month
2.05%
3 Months
30.07%
6 Months
-21.50%
1 Year
-56.89%
3 Years
-
5 Years
-
10 Years
-

TickerPriceChg.Chg.%
CAN3.980.10002.58
AAPL164.87-0.4800-0.29
GOOG118.14-0.0800-0.07
MSFT280.32-2.5900-0.92
XOM88.950.50000.57
WFC43.19-0.5700-1.30
JNJ170.20-0.9100-0.53
FB196.640.99000.51
GE75.180.82001.10
JPM114.35-1.4100-1.22
 
ProfitabilityValueIndustryS&P 500US Markets
58.70
44.30
44.30
-4.30
38.50
RevenueValueIndustryS&P 500US Markets
998.48M
6.01
-
-
Earnings HistoryEstimateReportedSurprise %
Q01 20220.410.410.00
Q01 2021-0.00-
Q03 2020--0.08-
Q02 2020--0.02-
Q01 2020--0.04-
----
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Earnings Per EndEstimateRevision %Trend
----
----
----
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Next Report Date18th Aug 2022
Estimated EPS Next Report0.40
Estimates Count2
EPS Growth Next 5 Years %-
Volume Overview
Volume1.82M
Shares Outstanding186.94K
Shares Float186.94M
Trades Count8.83K
Dollar Volume7.45M
Avg. Volume2.41M
Avg. Weekly Volume1.87M
Avg. Monthly Volume2.24M
Avg. Quarterly Volume3.13M

Canaan Inc. (NASDAQ: CAN) stock closed at 3.98 per share at the end of the most recent trading day (a 2.58% change compared to the prior day closing price) with a volume of 1.82M shares and market capitalization of 744.03M. Is a component of indices and it is traded on NASDAQ exchange. The company belongs in the Hardware industry, Technology sector and employs 333 people. Canaan Inc. CEO is Nangeng Zhang.

The one-year performance of Canaan Inc. stock is -56.89%, while year-to-date (YTD) performance is -22.72%. CAN stock has a five-year performance of %. Its 52-week range is between 2.56 and 11.1899, which gives CAN stock a 52-week price range ratio of 16.45%

Canaan Inc. currently has a PE ratio of 1.60, a price-to-book (PB) ratio of 1.19, a price-to-sale (PS) ratio of 0.66, a price to cashflow ratio of 3.10, a PEG ratio of 2.32, a ROA of 57.19%, a ROC of 105.23% and a ROE of 107.76%. The company’s profit margin is 38.50%, its EBITDA margin is 44.30%, and its revenue ttm is $998.48 Million , which makes it $6.01 revenue per share.

Of the last four earnings reports from Canaan Inc., there were 0 positive earnings surprise and 0 negative earnings surprise. The company has EPS estimate of $0.40 for the next earnings report. Canaan Inc.’s next earnings report date is 18th Aug 2022.

The consensus rating of Wall Street analysts for Canaan Inc. is Strong Buy (1), with a target price of $7.33, which is +84.17% compared to the current price. The earnings rating for Canaan Inc. stock is (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

Canaan Inc. has a dividend yield of -% with a dividend per share of $- and a payout ratio of -%.

Canaan Inc. has a Sell technical analysis rating based on Technical Indicators (ADX : 37.06, ATR14 : 0.31, CCI20 : -42.46, Chaikin Money Flow : -0.06, MACD : 0.07, Money Flow Index : 52.22, ROC : -12.42, RSI : 31.24, STOCH (14,3) : 30.53, STOCH RSI : 0.62, UO : 45.41, Williams %R : -69.47), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Canaan Inc. in the last 12-months were:

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
3 (100.00 %)
3 (100.00 %)
1 (100.00 %)
Moderate Buy
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Hold
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Strong Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Summary RatingStrong Buy
1.00
Strong Buy
1.00
Strong Buy
1.00

Canaan Inc.

Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment as well as the supplier of the overall scheme for computer software and hardware of digital blockchain. The equipment manufactured by Canaan is sold to many countries including China, the United States, Hong Kong, and other foreign countries. It derives a vast majority of the revenue from China. Its product includes Kanzhi Al and Avalon Mining Machine.

CEO: Nangeng Zhang

Telephone: +86 57189995063

Address: 29 Jiefang East Road, Hangzhou 310016, , CN

Number of employees: 333

Bearish or Bullish?
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61%39%

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50%50%

Bearish Bullish

54%46%


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