Ebang International Holdings Inc. (EBON, Financial) experienced a significant stock price drop of 5.11%. The stock is currently priced at $5.39 per share with a trading volume of 26,809 shares and a turnover rate of 0.43%. The stock's amplitude is recorded at 2.29%.
Recent financial reports show that Ebang International generated $2.11 million in revenue, with a net loss of $6.23 million. The earnings per share stand at a negative $0.99, and the gross profit is $81,836. The price-to-earnings ratio is -0.98. Currently, no institutional ratings are available for EBON regarding buy, hold, or sell recommendations.
In the broader computer hardware industry, there is an overall decline of 2.08%. Within this sector, companies like Zspace, Inc., Stratasys, and Desktop Metal have seen notable gains. Meanwhile, Rigetti Computing, Inc., D-Wave Quantum Inc., and Btc Digital Ltd. have shown high activity with turnover rates of 31.57%, 14.33%, and 10.68%, respectively. Stocks with significant amplitude include Zspace, Inc. at 38.67%, Star Atlas at 11.46%, and 3D Systems at 10.16%.
Ebang International is a blockchain technology and fintech company with ASIC chip design capabilities. It focuses on Bitcoin mining machines, telecommunications products, and offers cryptocurrency trading, management, maintenance, cross-border payment, and forex services. The company operates in mainland China, Australia, and other regions.
