Insider Buying: Canaan Inc (LON:CAN) Insider Acquires £17,400 in Stock

Canaan Inc (LON:CAN) insider Amandine Ferré purchased 10,000 shares of Canaan stock in a transaction on Monday, March 10th. The shares were acquired at an average price of GBX 174 ($2.26) per share, with a total value of £17,400 ($22,565.17).

Amandine Ferré also recently made the following trade(s):

• On Friday, December 20th, Amandine Ferré purchased 25,000 shares of Canaan stock. The shares were purchased at an average price of GBX 200 ($2.59) per share, for a total transaction of £50,000 ($64,842.43).

Canaan Trading Up 1.2 %

LON:CAN opened at GBX 176.05 ($2.28) on Thursday. The business’s 50-day moving average price is GBX 188.97. Canaan Inc has a 52-week low of GBX 166.40 ($2.16) and a 52-week high of GBX 299.90 ($3.89).

About Canaan

Starting its life as a French subscription-TV channel 40 years ago, CANAL+ today is a global media and entertainment company with a brand recognised worldwide amongst the Top 50 Most Valuable French Brands, globally (source: Kantar Brandz, 2023). It generates revenues in 195 countries and operates directly in 52 countries across Europe, Africa, Asia, and the United States, with a total of approximately 9,000 employees worldwide.