Should You Accumulate Canaan Inc

Canaan Inc – ADR (CAN) is across the center of the Computer Hardware business in line with InvestorsObserver. CAN obtained an total ranking of 39, which signifies that it scores greater than 39 p.c of all shares. Canaan Inc – ADR additionally achieved a rating of 45 within the Computer Hardware business, placing it above 45 p.c of Computer Hardware shares. Computer Hardware is ranked 78 out of the 148 industries.

CAN has an Overall Score of 39. Find out what this implies to you and get the remainder of the rankings on CAN!

What do These Ratings Mean?

Analyzing shares will be laborious. There are tons of numbers and ratios, and it may be laborious to recollect what all of them imply and what counts as “good” for a given worth. InvestorsObserver ranks shares on eight totally different metrics. We percentile rank most of our scores to make it straightforward for buyers to know. A rating of 39 means the inventory is extra engaging than 39 p.c of shares.

These scores usually are not solely straightforward to know, however it’s straightforward to match shares to one another. You can discover the perfect inventory in an business, or search for the sector that has the best common rating. The total rating is a mixture of technical and elementary components that serves as a great place to begin when analyzing a inventory. Traders and buyers with totally different targets might have totally different targets and can need to take into account different components than simply the headline quantity earlier than making any funding choices.

What’s Happening With Canaan Inc – ADR Stock Today?
Canaan Inc – ADR (CAN) inventory is buying and selling at $6.34 as of 10:59 AM on Friday, Dec 3, a lack of -$2.18, or -25.62% from the earlier closing worth of $8.51. The inventory has traded between $6.10 and $8.45 up to now in the present day. Volume in the present day is 4,737,936 in comparison with common quantity of 5,154,440.

Click Here to get the total Stock Report for Canaan Inc – ADR inventory.

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