Canaan Inc. (NASDAQ: CAN) Surprises Wall Street With 2.47% Stock Price Gain – Marketing Sentinel
Home  »  Science   »  Canaan Inc. (NASDAQ: CAN) Surprises Wall Street Wi...

Canaan Inc. (NASDAQ: CAN) Surprises Wall Street With 2.47% Stock Price Gain

Canaan Inc. (NASDAQ:CAN) has seen 3.14 million shares traded in the recent trading session. The company, currently valued at $1.60B, closed the recent trade at $9.76 per share which meant it gained $0.24 on the day or 2.47% during that session. The CAN stock price is -300.61% off its 52-week high price of $39.10 and 81.56% above the 52-week low of $1.80. The 3-month trading volume is 7.02 million shares.

Canaan Inc. (NASDAQ:CAN) trade information

Sporting 2.47% in the green today, the stock has traded in the red over the last five days, with the highest price hit on Friday, 09/03/21 when the CAN stock price touched $9.76 or saw a rise of 4.59%. Year-to-date, Canaan Inc. shares have moved 60.54%, while the 5-day performance has seen it change -3.55%. Over the past 30 days, the shares of Canaan Inc. (NASDAQ:CAN) have changed 15.53%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored

Canaan Inc. (CAN) estimates and forecasts

The company’s shares have lost -50.08% over the past 6 months.

CAN Dividends

Canaan Inc. is expected to release its next earnings report between November 29 and December 03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Canaan Inc. (NASDAQ:CAN)’s Major holders

Insiders own 0.00% of the company shares, while shares held by institutions stand at 15.33% with a share float percentage of 15.33%. Investors are also buoyed by the number of investors in a company, with Canaan Inc. having a total of 106 institutions that hold shares in the company. The top two institutional holders are Invesco Ltd. with over 2.83 million shares worth more than $23.1 million. As of Jun 29, 2021, Invesco Ltd. held 1.83% of shares outstanding.

The other major institutional holder is Toroso Investments, LLC, with the holding of over 2.44 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $19.87 million and represent 1.57% of shares outstanding.

>> 7 Top Picks for the Post-Pandemic Economy <<

Also the top two Mutual Funds that are holding company’s shares are Amplify Transformational Data Sharing ETF and iShares Core MSCI Emerging Markets ETF. As of Jun 29, 2021, the former fund manager holds about 1.57% shares in the company for having 2.44 million shares of worth $19.87 million while later fund manager owns 0.79 million shares of worth $6.48 million as of Jun 29, 2021, which makes it owner of about 0.51% of company’s outstanding stock.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

173226

100% free. stop anytime no spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

173226

100% free. stop anytime no spam