Canaan Inc (LON:CAN – Get Free Report)’s share price shot up 1.5% during trading on Tuesday . The company traded as high as GBX 274.40 and last traded at GBX 271.79. Approximately 321,281 shares were traded during mid-day trading, a decline of 93% from the average session volume of 4,891,615 shares. The stock had previously closed at GBX 267.80.
Canaan Trading Up 0.3%
The stock has a market cap of £2.72 billion, a price-to-earnings ratio of -30.43 and a beta of 2.10. The stock has a 50-day moving average price of GBX 253.41 and a two-hundred day moving average price of GBX 252.85.
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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