The Price And Volume Action In Canaan's Stock Today
Canaan CAN is currently down 8.13% to a price of $5.23. The stock's volume is currently 3.07 million, which is roughly 24.32% of its recent 30-day volume average of 12.63 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 as investor uncertainty surrounding Bitcoin increased following a selloff.
Perspective On Recent Price Action
The moving average price of the stock over the past 50 days was $4.05 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.
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