The stock of Ebang International Holdings Inc. (EBON, Financial) experienced a notable increase of 5.23%. The stock is currently priced at $7.75 per share with a trading volume of 23,561 shares and a turnover rate of 0.38%. The stock's amplitude stands at 4.41%.
Recent financial reports for EBON reveal an operating revenue of $2.11 million and a net loss of $6.23 million, translating to earnings per share of -$0.99. The gross profit is reported at $81,836, and the price-to-earnings ratio is -1.33. Currently, no institutional ratings are available for this stock regarding "buy," "hold," or "sell" recommendations.
In the broader computer hardware industry, where Ebang International operates, there is an overall decline of 1.17%. Within this sector, stocks such as Quantum Computing Inc., Rigetti Computing Inc. C/Wts (To Pur Com), and Rigetti Computing, Inc. have shown significant gains. Notably, Quantum Computing Inc. displayed a high turnover rate of 529.49%, while Rigetti Computing, Inc. had a turnover rate of 124.63%. The stocks with the greatest amplitude in this sector include Quantum Computing Inc., with an amplitude of 156.41%, and Rigetti Computing Inc. C/Wts (To Pur Com), with an amplitude of 100.96%.
Ebang International Holdings Inc. is a blockchain technology and fintech company with ASIC chip design capabilities. The company focuses on the design of ASIC chips and telecommunications, selling Bitcoin mining machines and related accessories, and offering cryptocurrency trading, management, maintenance, cross-border payment, and foreign exchange services. Its operations span mainland China, Australia, and other regions.
