Canaan Inc (LON:CAN) Insider Buys £124,945.79 in Stock

Canaan Inc (LON:CAN) insider Maxime Saada purchased 72,223 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The stock was bought at an average cost of GBX 173 ($2.24) per share, with a total value of £124,945.79 ($161,449.53).

Maxime Saada also recently made the following trade(s):

• On Monday, December 23rd, Maxime Saada bought 334,000 shares of Canaan stock. The shares were acquired at an average cost of GBX 197 ($2.55) per share, with a total value of £657,980 ($850,213.21).

Canaan Stock Down 1.1 %

Shares of LON CAN opened at GBX 174.58 ($2.26) on Friday. Canaan Inc has a fifty-two week low of GBX 166.75 ($2.15) and a fifty-two week high of GBX 299.90 ($3.88). The firm’s 50 day simple moving average is GBX 190.55.

Canaan Company Profile

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.