EBang International Holdings Inc. (EBON, Financial) experienced a significant stock price surge of 5.14%, trading at $6.02 per share with a volume of 22,349 shares. The turnover rate was 0.36% with a price fluctuation of 5.24%.
Latest financial reports show the company's revenue at $2.11 million, but with a net loss of $6.23 million and an earnings per share of -$0.99. The gross profit stood at $81,836, resulting in a negative price-to-earnings ratio of -1.08. Currently, there are no institutional ratings offering buy, hold, or sell recommendations for EBON.
In the broader computer hardware industry, where EBang International operates, the overall decline was 0.25%. Notable performers in the sector included Rigetti Computing, Inc., Quantum Computing Inc., and others, which showed substantial activity and price movements.
EBang International is a blockchain technology and fintech company known for ASIC chip design capabilities. The company focuses on cryptocurrency mining machines and related accessories, telecommunication products, and offers various financial services globally, including in mainland China and Australia.
