Currently, there are 286.84M common shares owned by the public and among those 267.47M shares have been available to trade.
The company’s stock has a 5-day price change of -13.26% and -38.62% over the past three months. CAN shares are trading -50.11% year to date (YTD), with the 12-month market performance down to -70.31% lower. It has a 12-month low price of $0.53 and touched a high of $3.27 over the same period. CAN has an average intraday trading volume of 26.67 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.48%, -13.27%, and -53.73% respectively.
Institutional ownership of Canaan Inc ADR (NASDAQ: CAN) shares accounts for 26.99% of the company’s 286.84M shares outstanding.
It has a market capitalization of $174.57M and a beta (3y monthly) value of 3.34. The earnings-per-share (ttm) stands at -$1.02. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.45% over the week and 5.82% over the month.
Earnings per share for the fiscal year are expected to increase by 90.04%, and 449.09% over the next financial year.
Looking at the support for the CAN, a number of firms have released research notes about the stock. Northland Capital stated their Market Perform rating for the stock in a research note on June 18, 2025, with the firm’s price target at $1.50. The Benchmark Company coverage for the Canaan Inc ADR (CAN) stock in a research note released on May 06, 2025 offered a Buy rating with a price target of $3. Compass Point was of a view on March 18, 2025 that the stock is Buy, while B. Riley Securities gave the stock Buy rating on September 18, 2024, issuing a price target of $2. Rosenblatt on their part issued Buy rating on September 11, 2024.
