Market cap of Canaan Inc. [CAN] reaches 667.40M – now what ?

It opened the trading session at $3.56, the shares rose to $4.11 and dropped to $3.50, the range by which the price of stock traded the whole day .

The daily chart for CAN points out that the company has recorded -55.87% loss over the past six months. However, it is still -32.26% lower than its most recent low trading price.

If we look at the average trading volume of 5.40M shares, CAN reached to a volume of 15796933 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Canaan Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 2.50.