Canaan Inc ADR CAN Morningstar Rating Rating as of Jan 20, 2021. Ladies and gentlemen, thank you for standing by, and welcome to Canaan Incorporated Second Quarter 2020 Earnings Call. 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 | Canaan Inc News. 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.” Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. Canaan Stock Forecast, Price & News How has Canaan's stock been impacted by COVID-19 (Coronavirus)? Radical New Battery Could Dismantle Oil Markets However, that anmount may seem trivial for a company with a market capitalization of more than $1 billion. The post 4 Crypto Mining Stocks Worth Investing In appeared first on InvestorPlace. 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%. The company announced in September 2020 a $10 million share repurchase program over the next 12 months. Hive Blockchain Technologies (HVBTF) Crypto mining is a complicated process. Source: Shutterstock 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. Canaan Inc. has a P/E ratio of 0 against that of Microsoft Corp’s 35.77 while Adobe Systems Inc is showing 45.88 for the same. DYERSBURG, Tenn. — A Tennessee woman was found dead nearly a mile from her car after she crashed into a ditch late Christmas Day. Return on Total Capital for CAN is now -98.67, given the latest momentum, and Return on Invested Capital for the company is -219.39. Canaan Inc. stock is now -19.06% down from its year-to-date (YTD) trading value. The company is unprofitable for the past three years and an increase in bitcoin price could be a key catalyst for profitability. Get the latest Canaan (CAN) stock price quote with real-time news, financials, charts and other important investing information. When it comes to the capital structure of this company, Canaan Inc. [CAN] has a Total Debt to Total Equity ratio set at 21.74. And in 2020 this crypto mining stock delivered an exceptional return soaring from just over $1 per share to about $14 per share in December 2020. Small-cap stocks such as MARA in general are higher risk compared to large-caps. Locally updated news, sports, weather, traffic, celebrity news and sports scores A recent acquisition allows the company to doubles its bitcoin production capacity, as reported by AccessWire, is positive. Since then, CAN stock has increased by 26.1% and is now trading at $4.93. Canaan, Inc. provides high-performance computing solutions to efficiently solve complex problems. 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 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. 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. 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 Leading the way of the crypto mining stocks to buy is Riot Blockchain, which is based in Castle Rock, Colorado, and was founded in 2000. The present Moving Average for the last 50 days of trading for this stock 4.38, while it was recorded at 4.96 for the last single week of trading, and 3.08 for the last 200 days. Compared to the average trading volume of 9.52M shares, CAN reached a trading volume of 6340681 in the most recent trading day, which is why market watchdogs consider the stock to be active. Videos. About Canaan Inc. Announces Up to US$10 Million Share Repurchase Program. Get Canaan Inc (CAN:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. Amarin Corporation plc [AMRN] Revenue clocked in at $590.10 million, up 29.04% YTD: What’s Next? In 2016, Canaan successfully initiated the … All rights reserved. Canaan Inc. (NASDAQ:CAN) went up by 0.76% from its latest closing price compared to the recent 1-year high of $13.00. Canaan Inc. [NASDAQ: CAN] traded at a low on 12/21/20, posting a -3.01 loss after which it closed the day’ session at $4.19. Why Everyone Is Investing in 5G All WRONG Why Solar Power Is the Underappreciated Catalyst for Canaan Stock 01:40pm, Tuesday, 08'th Dec 2020. Celebrate and remember the lives we have lost in Eaton, Tennessee. Not something to call it a bargain stock, but still it is profitable. It requires a lot of capital expenditures in technology equipment. 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.