Why Is It Moving? Analyzing The Upward Movement in Canaan's Stock Today

Canaan’s Stock Price And Volume Action

Canaan’s CAN stock is trading up 9.6% to a price of $4.16. Thursday the stock has been traded at a volume of 4.03 million, about 53.78% of its recent 30-day volume average of 7.49 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Canaan shares are trading lower, potentially on continued weakness following Monday earnings.

Perspective On Recent Price Action

The moving average price of the stock over the past 50 days was $2.99 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $8.69 and as low as $1.76.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Penny StocksSmall CapMoversTrading IdeasBZ-WIIM
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!