EBON Stock Surges 5.26% Amidst Market Fluctuations

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18 hours ago

EBang International Holdings (EBON, Financial) experienced a stock price surge of 5.26%, reaching $6.11 per share. This movement occurred alongside a trading volume of 3,631 shares, with a turnover of 0.06% and price volatility at 2.38%.

Recent earnings reports indicate EBON generated $2.11 million in revenue, while facing a net loss of $6.23 million, resulting in an earnings per share (EPS) of -$0.99. Gross profit stood at $81,836, with a price-to-earnings (P/E) ratio of -1.08. No institutional investor has given a "buy," "hold," or "sell" rating for EBON at this time.

Within the computer hardware industry, which saw an overall decline of 1.42%, several related stocks achieved notable gains. Rigetti Computing Inc, Quantum Computing Inc, and others showed significant activity with varying turnover rates, highlighting the sector's volatility.

EBang International Holdings is a blockchain technology and financial technology company with ASIC chip design capabilities. Its operations span areas such as Bitcoin mining machine sales, telecommunications products, cryptocurrency transaction services, and cross-border payment solutions, with a market presence in mainland China, Australia, and beyond.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.