Canaan Inc (LON:CAN – Get Free Report) traded down 1.9% on Thursday. The stock traded as low as GBX 202.60 and last traded at GBX 210.80. 744,222 shares traded hands during trading, a decline of 84% from the average daily volume of 4,667,380 shares. The stock had previously closed at GBX 214.80.
Canaan Stock Up 0.2%
The firm has a market cap of £2.08 billion, a P/E ratio of -23.47 and a beta of 2.10. The business has a fifty day simple moving average of GBX 256.21 and a 200-day simple moving average of GBX 243.12.
Canaan Company Profile
CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation. In addition to its Pay-TV and streaming operations in Europe, Africa and Asia, the combined group includes: MultiChoice Group, Africa’s leading entertainment platform; STUDIOCANAL, Europe’s leading film and television studio, with worldwide production and distribution capabilities; Dailymotion, a major international video platform powered by cutting-edge proprietary technology for video delivery, advertising, and monetisation; CANAL+ Distribution, a production and distribution company specialising in creating and distributing diverse content and channels; telecommunication services, through CANAL+ Telecom Africa in Africa and CANAL+ Telecom in the French overseas jurisdictions and territories.
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