16 institutional holders increased their position in Canaan Inc. [NASDAQ:CAN] by around 5,064,136 shares. Wu Blockchain, a popular crypto handle known for bringing exclusive news from the Chinese crypto and blockchain ecosystem revealed that Canaan Inc received an additional payment of $45 million for mining machines. Canaan Inc (CAN) Q3 2020 Earnings Call Transcript. The CAN stock was last observed hovering at around $6.23 in the last trading session, with the day’s gains setting it 0.46%. Third Quarter 2020 Operating and Financial Highlights. Press Release reported 4 hours ago that Canaan Inc. to Report Third Quarter 2020 Financial Results on November 30, 2020 Click here now. Real time Canaan Inc. (CAN) stock price quote, stock graph, news & analysis. The repurchase reflects the optimism of the company’s management for future business conditions. The company report on November 30, 2020 that Canaan Inc. Reports Unaudited Third Quarter 2020 Financial Results. Canaan Inc. (NASDAQ:CAN) went up by 0.76% from its latest closing price compared to the recent 1-year high of $13.00. The company had a daily trading volume of 12.05 million shares, higher than its average intra-day trading volumes of about 2.82M shares. Analyst Report: Alibaba Group Holding Limited, Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGM - NasdaqGM Real Time Price. Canaan Inc - ADR (CAN) stock is trading at $5.50 as of 10:05 AM on Thursday, Jan 14, a rise of $0.26, or 4.96% from the previous closing price of $5.24. Bitcoin (CCC:BTC) rallied in 2020 as it nearly quadrupled in price from $8,000 in January 2020 to above $31,000 in late December. The Canaan stock price prediction module provides an analysis of price elasticity to changes in media outlook on Canaan Inc over a specific investment horizon. About Canaan Inc. Canaan Inc (CAN) Q3 2020 Earnings Call Transcript. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China's national high-tech enterprise certification. View today's stock price, news and analysis for Canaan Inc. ADR (CAN). Canaan Inc. Reports Unaudited Third Quarter 2020 Financial Results. Corporate News. Volume today is below average. The company’s 52-week high price is 8.69, which means current price is +5.61% above from all time high which was touched on 01/04/21. The company announced in September 2020 a $10 million share repurchase program over the next 12 months. The last entry on the list of crypto mining stocks to buy is Hive Blockchain Technologies, which has a price-earnings ratio of 43.33. The Average True Range (ATR) for Canaan Inc. is set at 0.63, with the Price to Sales ratio for CAN stock in the period of the last 12 months amounting to 6.07. Canaan Inc ADR CAN Morningstar Rating Rating as of Jan 20, 2021. Get Canaan Inc (CAN:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. About Canaan Inc. Rising potential profits for bitcoin miners couldn't sugarcoat the hardware company's terrible quarterly results. Long-Term Debt to Equity for the company is recorded at 1.93, with the Long-Term Debt to Total Capital now at 1.59. Canaan Inc. 10 of 2020’s Most Fascinating SPAC Stocks It reached a new all-time high above $34,000 in 2021. Get the hottest stocks to trade every day before the market opens 100% free. The Price to Book ratio for the last quarter was 8.89, with the Price to Cash per share for the same quarter was set at 0.35. For investors interested in positions related to bitcoin, here are four crypto mining stocks to buy: CAN stock had 9 new institutional investments in for a total of 3,655,636 shares, while 4 institutional investors sold positions of 459,525 shares during the same period. Established in 2013, Canaan Inc. provides high-performance computing solutions to efficiently solve complex problems. News . Canaan Inc - ADR (CAN) stock is trading at $5.50 as of 10:05 AM on Thursday, Jan 14, a rise of $0.26, or 4.96% from the previous closing price of $5.24. Canaan Inc. stock is now -19.06% down from its year-to-date (YTD) trading value. Here is simple explanation of the mining process from Sectigostore.com: The CAN stock was last observed hovering at around $6.23 in the last trading session, with the day’s gains setting it 0.46%. Norwegian Cruise Line (NCLH) Has Growth Opportunity This Year. A Backdoor Way To Profit From Today’s Crypto Bull Market. CANAAN INC. : Financial news and information Stock CANAAN INC. | Nasdaq: CAN | Nasdaq Volume today is below average. Canaan Stock Forecast, Price & News How has Canaan's stock been impacted by COVID-19 (Coronavirus)? Join now to get the NewsHeater.com pre-market morning brief 100% free. Canaan, Inc.(NASDAQ:CAN): As Bitcoin surges past $34,000, experts believe that the cryptocurrency’s bull-run is far from over given the continued weakness in the global economy. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. What is worth mentioning is a recent by the company that, “According to publicly available Bitcoin profit calculators, if all the miners we have purchased were deployed today, and Bitcoin’s price was $28,000/BTC, we would produce approximately $618 million in revenue annually and approximately $523 million in gross profit annually.” Expectations of selling more hardware are realistic and that’s why it is on this list of crypto mining stocks to buy. The company is based in Canada with operations in Canada, Sweden and Iceland. The company’s stock price has collected 10.92% of gains in the last five trading sessions. Read more. Ladies and gentlemen, thank you for standing by, and welcome to Canaan Inc.'s Third Quarter 2020 Earnings Call. Available on Roku TV, Fire TV, Apple TV and Google TV. The company’s stock price has collected 32.20% of gains in the last five trading sessions. Canaan, Inc. provides high-performance computing solutions to efficiently solve complex problems. Established in 2013, Canaan Inc. provides high-performance computing solutions to efficiently solve complex problems. Jefferies slashes price target on First Horizon Corporation [FHN] – find out why. Having a second look at Canaan Inc. (NASDAQ:CAN) provides that stock’s average daily trading volume for 3 months was … Motley Fool. © 2021 Verizon Media. Canaan Inc. [CAN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.40. PDF Version. Its stock has a market capitalization of more than $1 billion. If the above statement is true, then the price-sales ratio of the stock would be now below 1. This is Canaan. Source: Shutterstock MARA – While Bitcoin has experienced a sell-off in the last couple of weeks after hitting its all-time high, cryptocurrencies in general continue to see increased interest from retail and institutional investors. View the latest Canaan Inc. ADR (CAN) stock price, news, historical charts, analyst ratings and financial information from WSJ. Media. Canaan (CAN) Canaan Inc. (NASDAQ: CAN) is 5.06% higher on its value in year-to-date trading and has touched a low of $1.76 and a high of $8.69 in the current 52-week trading range. 10 of 2020’s Most Fascinating SPAC Stocks Reflecting on the efficiency of the workforce at the company, Canaan Inc. [CAN] managed to generate an average of -$449,595 per employee. So far 1,428,943 shares have traded compared to average volume of 12,494,295 shares. Get Canaan Inc (CAN:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. It will benefit if companies invest more in equipment for an efficient and cost-effective crypto mining business. The prehistoric nature of health IT isn’t just a nuisance. The post 4 Crypto Mining Stocks Worth Investing In appeared first on InvestorPlace. NEW STARTING BASE PAY - .50 cpm w/ option to make .60 cpm for Class A CDL Flatbed Drivers, Excellent Benefits, Home Weekends, Call 800-648-9915 or www.boydandsons.com (TnScan) NEED YOUR CDL? © DBT NEWS PVT. Crypto Mining Stocks to Buy: RIOT Nasdaq: CAN. In 2016, Canaan successfully initiated the … Meanwhile, a report by Technavio projects growth of $2.8 billion in the mining hardware market from 2020 through 2024. Canaan's stock was trading at $3.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Announces Up to US$10 Million Share Repurchase Program. With growth expected both for the cryptocurrency mining and its hardware, cryptocurrency mining stocks are worth considering. Canaan Inc. [NASDAQ: CAN] loss -8.03% or -0.31 points to close at $3.55 with a heavy trading volume of 4138121 shares. As of December 31st, there was short interest totalling 5,010,000 shares, a decrease of 18.3% from the December 15th total of 6,130,000 shares. It requires a lot of capital expenditures in technology equipment. Shares of the Canaan Inc. (NASDAQ: CAN) gained by $0.79 during Friday’s regular trading session to climb to $4.28. This process involves validating data blocks and adding transaction records to a public record (ledger) known as a blockchain.”InvestorPlace - Stock Market News, Stock Advice & Trading Tips Canaan, first listed mining machine company, announced its Q3 financial report. Canaan Inc. may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in … Celebrate and remember the lives we have lost in Eaton, Tennessee. It is based in Las Vegas and its fundamentals are not inspiring. HIVE BLOCKCHAIN CONTINUES ITS BITCOIN MINING MOMENTUM BY PURCHASING 6,400 CANAAN AVALON NEXT GENERATION … Research on global cryptocurrency mining market by Industry Research is optimistic about the growth of this market in the next five to six years. Get the latest Canaan (CAN) stock price quote with real-time news, financials, charts and other important investing information. The Company's financial and operating results were released by our newswire services earlier today and are currently available online. Founded in 2000, the company trades on the NASDAQ CM with the symbol CAN. Announces Up to US$10 Million Share Repurchase Program. Media. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. Additionally, CAN Total Debt to Total Capital is recorded at 17.86, with Total Debt to Total Assets ending up at 15.19. Announces Up to US$10 Million Share Repurchase Program. Get the hottest stocks to trade every day before the market opens 100% free. Since then, CAN stock has increased by 26.1% and is now trading at $4.93. The company report on November 30, 2020 that Canaan Inc. Reports Unaudited Third Quarter 2020 Financial Results. Still, there is some good news. Aurora, a Silicon Valley-based autonomous driving startup with a $10 billion evaluation has entered a partnership with PACCAR Inc (PCAR),  to make light, medium... A favorable opinion from analysts at MoffettNathanson was obtained by Snap Inc. (SNAP), which owns the social network Snapchat. But solar energy could push the thesis to the bulls. Join now to get the Newsheater.com pre-market morning brief 100% free. Radical New Battery Could Dismantle Oil Markets CAN, Canaan Inc Cl A Ads - Stock quote performance, technical chart analysis, SmartSelect Ratings, Group Leaders and the latest company headlines Canaan Inc Cl A Ads Stock Quote: CAN Stock News, Quotes, Analysis | Investors.com Skip to content. Stocks To Buy - Why Is This Metal Taking Off? A high-level overview of Canaan Inc. (CAN) stock. Based on an average daily volume of 5,180,000 shares, the days-to-cover ratio is currently 1.0 days. An overall objective rating for Canaan Inc. (CAN) optimized for predictive value. … Press releases. The new solid structure and the unique reinforcement design ensure its sturdiness and reliablility, and it is made easy for maintenance and operation. Not something to call it a bargain stock, but still it is profitable. Experts believe that the stock market’s bull-run is far from over because the global economy remains weak. According to … Press Release reported on 09/08/20 that Canaan Inc. News. We help investors stay connected with Canaan headlines for the 8th of January to make an informed investment decision based on correlating the impacts of news items on Canaan Inc stock performance. Crypto mining is a complicated process. On the date of publication, Stavros Georgiadis, CFA, did not have (either directly or indirectly) any positions in the securities mentioned in this article. Amarin Corporation plc [AMRN] Revenue clocked in at $590.10 million, up 29.04% YTD: What’s Next? Canaan Inc. [NASDAQ: CAN] slipped around -0.14 points on Thursday, while shares priced at $4.80 at the close of the session, down -2.83%. Date Title; 30 Nov 2020 Canaan Inc. Reports Unaudited Third Quarter … Canaan is an early-stage venture capital firm that invests in visionaries with transformative ideas. Canaan, Inc. provides high-performance computing solutions to efficiently solve complex problems. CANAAN INC. : News, information and stories for CANAAN INC. | Nasdaq: CAN | Nasdaq A deadline is coming up on May 4, 2020 in the lawsuit filed for certain investors of Canaan Inc. (NASDAQ: CAN) over alleged securities laws violations by Canaan Inc. This means the prospect of mining bitcoin could be getting more enticing. Subscribe to Premium to view Fair Value for CAN. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing. Get the hottest stocks to trade every day before the market opens 100% … Why Everyone Is Investing in 5G All WRONG The Company's financial and operating results were released by our newswire services earlier today and are currently available online. It’s free. HIVE Blockchain Technologies (OTC:HVBTF) 10 of 2020’s Most Fascinating SPAC Stocks Canaan Inc. Reports Unaudited Third Quarter 2020 Financial Results. The company... You have entered an incorrect email address! The Makers is a new Canaan content series featuring entrepreneur and investor insights into company-building. Canaan is based in China and manufactures hardware that can be used for bitcoin mining. As of December 31st, there was short interest totalling 5,010,000 shares, a decrease of 18.3% from the December 15th total of 6,130,000 shares. WSMV News4 Nashville 5700 Knob Road Nashville, TN 37209 Phone: (615) 353-4444 Email: comments@wsmv.com That’s why we’re not afraid to break the mold to bring something spectacular to life. Why Solar Power Is the Underappreciated Catalyst for Canaan Stock 01:40pm, Tuesday, 08'th Dec 2020. The stock has traded between $5.50 and $5.65 so far today. Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a leading high-performance computing solutions provider, announced its unaudited financial results for the three months ended September 30, 2020. Company with a market capitalization of more than $ 600 million, Up 29.04 %:. 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