Canaan (LON:CAN) Insider Amandine Ferré Buys 35,000 Shares

Canaan Inc (LON:CANGet Free Report) insider Amandine Ferré bought 35,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The stock was acquired at an average cost of GBX 242 per share, with a total value of £84,700.

Canaan Price Performance

Shares of Canaan stock opened at GBX 222.40 on Friday. The company has a market capitalization of £2.18 billion and a P/E ratio of -14.83. The business has a 50-day moving average of GBX 288.65 and a two-hundred day moving average of GBX 258.50. Canaan Inc has a 1 year low of GBX 149.95 and a 1 year high of GBX 327.40.

Canaan (LON:CANGet Free Report) last released its quarterly earnings data on Friday, February 20th. The company reported GBX 11.20 earnings per share for the quarter. Canaan had a negative return on equity of 3.20% and a negative net margin of 2.30%.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft cut their price target on shares of Canaan from GBX 400 to GBX 350 and set a “buy” rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 350.

Read Our Latest Research Report on CAN

About Canaan

(Get Free Report)

Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. Following its acquisition of MultiChoice Group, a leading entertainment platform in Africa, the combined Group has 40 million subscribers, operates in over 70 countries and has approximately 17,000 employees. CANAL+ is one of the largest media companies in Europe, the market leader in Africa and has a globally recognised brand (Top 50 Most Valuable French Brands, globally. Source: Kantar BrandZ, 2025).

CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation.

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