The stock of Canaan Inc ADR (CAN) has seen a 8.89% increase in the past week, with a 1.15% gain in the past month, and a -60.39% decrease in the past quarter. The volatility ratio for the week is 14.52%, and the volatility levels for the past 30 days are at 9.32% for CAN. The simple moving average for the last 20 days is 4.63% for CAN stock, with a simple moving average of -44.58% for the last 200 days.
Is It Worth Investing in Canaan Inc ADR (NASDAQ: CAN) Right Now?
Company’s 36-month beta value is 3.45.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CAN is 267.47M, and currently, short sellers hold a 8.11% ratio of that floaft. The average trading volume of CAN on May 12, 2025 was 16.17M shares.
CAN) stock’s latest price update
Canaan Inc ADR (NASDAQ: CAN) has seen a rise in its stock price by 14.89 in relation to its previous close of 0.65. However, the company has experienced a 8.89% gain in its stock price over the last five trading sessions. zacks.com reported 2025-05-09 that Canaan (CAN) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of CAN
Many brokerage firms have already submitted their reports for CAN stocks, with The Benchmark Company repeating the rating for CAN by listing it as a “Buy.” The predicted price for CAN in the upcoming period, according to The Benchmark Company is $3 based on the research report published on May 06, 2025 of the current year 2025.
Compass Point, on the other hand, stated in their research note that they expect to see CAN reach a price target of $2.50. The rating they have provided for CAN stocks is “Buy” according to the report published on March 18th, 2025.
B. Riley Securities gave a rating of “Buy” to CAN, setting the target price at $2 in the report published on September 18th of the previous year.
CAN Trading at -15.23% from the 50-Day Moving Average
After a stumble in the market that brought CAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.11% of loss for the given period.
Volatility was left at 9.32%, however, over the last 30 days, the volatility rate increased by 14.52%, as shares surge +15.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -41.52% lower at present.
During the last 5 trading sessions, CAN rose by +8.89%, which changed the moving average for the period of 200-days by -30.69% in comparison to the 20-day moving average, which settled at $0.7155. In addition, Canaan Inc ADR saw -63.48% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CAN
Current profitability levels for the company are sitting at:
- -0.84 for the present operating margin
- -0.31 for the gross margin
The net margin for Canaan Inc ADR stands at -0.93. The total capital return value is set at -0.8. Equity return is now at value -81.29, with -52.23 for asset returns.
Based on Canaan Inc ADR (CAN), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at -0.94. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -434.2.
Currently, EBITDA for the company is -143.33 million with net debt to EBITDA at 0.01. When we switch over and look at the enterprise to sales, we see a ratio of 0.79. The receivables turnover for the company is 2.35for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.85.
Conclusion
In a nutshell, Canaan Inc ADR (CAN) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
