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NYSE:CAN - Canaan Stock Price, Forecast & News

$5.50
-0.15 (-2.65 %)
(As of 02/26/2020 08:41 AM ET)
Today's Range
$5.31
Now: $5.50
$5.62
50-Day Range
$4.40
MA: $5.75
$8.04
52-Week Range
$4.31
Now: $5.50
$13.00
Volume326,400 shs
Average Volume753,870 shs
Market Capitalization$869.81 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final system products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly of system products; and supply chain and distribution of system products. The company was founded in 2013 and is based in Hangzhou, the People's Republic of China.

Industry, Sector and Symbol

Industry Computer Hardware
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
CIKN/A
Phone86 571 8999 5063

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees297
Market Cap$869.81 million
Next Earnings DateN/A
OptionableNot Optionable

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Canaan (NYSE:CAN) Frequently Asked Questions

What is Canaan's stock symbol?

Canaan trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAN."

Has Canaan been receiving favorable news coverage?

News coverage about CAN stock has trended somewhat negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Canaan earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Canaan.

Who are some of Canaan's key competitors?

What other stocks do shareholders of Canaan own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canaan investors own include Accenture (ACN) and Huazhu Group (HTHT).

Who are Canaan's key executives?

Canaan's management team includes the folowing people:
  • Mr. Nangeng Zhang, Chairman & CEO (Age 36)
  • Mr. N.G. Zhang, Founder and Chief Exec. Officer
  • Mr. Quanfu Hong, VP of Fin. (Age 36)
  • Mr. Jingjie Wu, VP of Technology (Age 32)
  • Mr. Shaoke Li, Sec. to the Board (Age 35)

When did Canaan IPO?

(CAN) raised $100 million in an initial public offering on Thursday, November 21st 2019. The company issued 10,000,000 shares at $9.00-$11.00 per share. Citigroup, China Renaissance and CMBI acted as the underwriters for the IPO and Galaxy Digital Advisors, Huatai Securities and Tiger Brokers were co-managers.

When does the company's lock-up period expire?

Canaan's lock-up period expires on Tuesday, May 19th. Canaan had issued 10,000,000 shares in its initial public offering on November 21st. The total size of the offering was $90,000,000 based on an initial share price of $9.00. After the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Who are Canaan's major shareholders?

Canaan's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Bank of America Corp DE (0.38%) and Cubist Systematic Strategies LLC (0.01%).

Which institutional investors are buying Canaan stock?

CAN stock was purchased by a variety of institutional investors in the last quarter, including Bank of America Corp DE and Cubist Systematic Strategies LLC.

How do I buy shares of Canaan?

Shares of CAN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Canaan's stock price today?

One share of CAN stock can currently be purchased for approximately $5.50.

How big of a company is Canaan?

Canaan has a market capitalization of $869.81 million. Canaan employs 297 workers across the globe.View Additional Information About Canaan.

What is Canaan's official website?

The official website for Canaan is http://canaan-creative.com/.

How can I contact Canaan?

The company can be reached via phone at 86 571 8999 5063.


MarketBeat Community Rating for Canaan (NYSE CAN)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  13 (Vote Outperform)
Underperform Votes:  10 (Vote Underperform)
Total Votes:  23
MarketBeat's community ratings are surveys of what our community members think about Canaan and other stocks. Vote "Outperform" if you believe CAN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CAN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/26/2020 by MarketBeat.com Staff

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