Canaan Inc.
| NASDAQ: CAN | Technology / Hardware / China |
| 1.84 | +0.0200 | +1.10% | Vol 1.87M | 1Y Perf -44.51% |
| Oct 2nd, 2023 16:00 DELAYED |
| BID | 1.81 | ASK | 1.82 | ||
| Open | 1.85 | Previous Close | 1.82 | ||
| Pre-Market | - | After-Market | 1.84 | ||
| - - | - -% |
| Target Price | 6.33 | Analyst Rating | Strong Buy 1.00 | |
| Potential % | 244.02 | Finscreener Ranking | — - | |
| Insiders Trans % 3/6/12 mo. | -/-/- | Value Ranking | ★★★★★ 81.08 | |
| Insiders Value % 3/6/12 mo. | -/-/- | Growth Ranking | ★★★★★ 87.77 | |
| Insiders Shares Cnt. % 3/6/12 mo. | -/-/- | Income Ranking | — - | |
| Price Range Ratio 52W % | 8.55 | Earnings Rating | — | |
| Market Cap | 343.97M | Earnings Date | 13th Nov 2023 | |
| Alpha | 0.01 | Standard Deviation | 0.49 | |
| Beta | 3.30 |
Today's Price Range 1.811.91 | 52W Range 1.643.98 |
Summary:
Neutral
| Technical Indicators: | Neutral |
| Moving Averages: | Sell |
| Performance | |||
|---|---|---|---|
| 1 Week | 9.52% | ||
| 1 Month | -7.54% | ||
| 3 Months | -19.65% | ||
| 6 Months | -30.57% | ||
| 1 Year | -44.51% | ||
| 3 Years | -1.60% | ||
| 5 Years | - | ||
| 10 Years | - |
| Mngmt Effectiveness | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
ROE (5Y Avg) | 15.20 | |||
ROE last 12 Months | 63.93 | |||
ROA (5Y Avg) | 3.96 | |||
ROA last 12 Months | 49.56 | |||
ROC (5Y Avg) | 5.17 | |||
ROC last 12 Months | 61.80 | |||
Return on invested Capital Q | 0.92 | |||
Return on invested Capital Y | 99.98 | |||
Assets Turnover | 1.00 | |||
Receivables Turnover | 17.70 |
| Valuation | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
| 1.00 | ||||
| 0.55 | ||||
| 0.51 | ||||
| 5.30 | ||||
| -4.20 | ||||
| 0.43 | ||||
| 0.57 | ||||
| 4.17 | ||||
| 105.56M | ||||
| Forward PE | - | |||
| PEG | - |
| Financial Strength | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
| 3.40 | ||||
| 7.30 | ||||
| 0.00 | ||||
| 0.01 | ||||
| -11 391.10 | ||||
| Leverage Ratio | 1.30 |
| Profitability | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
| 56.20 | ||||
| 42.40 | ||||
| 42.40 | ||||
| -4.30 | ||||
| 28.78 |
| Revenue | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
| 774.18M | ||||
| 4.89 | ||||
| - | ||||
| - |
| Dividends | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| Payout ratio | - |
| Earnings History | Estimate | Reported | Surprise % |
|---|---|---|---|
| Q02 2023 | -0.15 | -0.65 | -333.33 |
| Q01 2023 | -0.15 | -0.51 | -240.00 |
| Q04 2022 | -0.19 | -0.38 | -100.00 |
| Q03 2022 | -0.07 | 0.05 | 171.43 |
| Q02 2022 | 0.31 | 0.51 | 64.52 |
| Q01 2022 | 0.41 | 0.41 | 0.00 |
| Q01 2021 | - | 0.00 | - |
| Q04 2020 | - | -0.07 | - |
| Earnings Per End | Estimate | Revision % | Trend |
|---|---|---|---|
| - | - | - | - |
| - | - | - | - |
| - | - | - | - |
| - | - | - | - |
| Next Report Date | 13th Nov 2023 |
| Estimated EPS Next Report | -0.30 |
| Estimates Count | 1 |
| EPS Growth Next 5 Years % | - |
| Volume Overview | |
|---|---|
| Volume | 1.87M |
| Shares Outstanding | 186.94K |
| Shares Float | 153.48M |
| Trades Count | 4.85K |
| Dollar Volume | 3.45M |
| Avg. Volume | 2.08M |
| Avg. Weekly Volume | 1.63M |
| Avg. Monthly Volume | 1.93M |
| Avg. Quarterly Volume | 2.68M |
Canaan Inc. (NASDAQ: CAN) stock closed at 1.84 per share at the end of the most recent trading day (a 1.1% change compared to the prior day closing price) with a volume of 1.87M shares and market capitalization of 343.97M. 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 -44.51%, while year-to-date (YTD) performance is -10.68%. CAN stock has a five-year performance of %. Its 52-week range is between 1.64 and 3.98, which gives CAN stock a 52-week price range ratio of 8.55%
Canaan Inc. currently has a PE ratio of 1.00, a price-to-book (PB) ratio of 0.55, a price-to-sale (PS) ratio of 0.51, a price to cashflow ratio of 5.30, a PEG ratio of -, a ROA of 49.56%, a ROC of 61.80% and a ROE of 63.93%. The company’s profit margin is 28.78%, its EBITDA margin is 42.40%, and its revenue ttm is $774.18 Million , which makes it $4.89 revenue per share.
Of the last four earnings reports from Canaan Inc., there were 1 positive earnings surprise and 3 negative earnings surprise. The company has EPS estimate of $-0.30 for the next earnings report. Canaan Inc.’s next earnings report date is 13th Nov 2023.
The consensus rating of Wall Street analysts for Canaan Inc. is Strong Buy (1), with a target price of $6.33, which is +244.02% 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 Neutral technical analysis rating based on Technical Indicators (ADX : 37.12, ATR14 : 0.12, CCI20 : 17.11, Chaikin Money Flow : -0.23, MACD : -0.11, Money Flow Index : 38.94, ROC : -1.60, RSI : 43.31, STOCH (14,3) : 70.18, STOCH RSI : 1.00, UO : 40.70, Williams %R : -29.82), Simple Moving Averages and Exponential Moving Averages.
Aggregated Insider Trades of Canaan Inc. in the last 12-months were:
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
