Ebang International (NASDAQ:EBON) Stock Price Up 1.3% – Here’s Why

Ebang International Holdings Inc. (NASDAQ:EBONGet Free Report)’s share price was up 1.3% on Thursday . The company traded as high as $7.03 and last traded at $6.41. Approximately 29,905 shares traded hands during trading, a decline of 12% from the average daily volume of 34,009 shares. The stock had previously closed at $6.33.

Ebang International Price Performance

The company has a 50-day moving average price of $7.17 and a two-hundred day moving average price of $6.59.

Ebang International Company Profile

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Ebang International Holdings Inc, through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines under the Ebit brand in Singapore, Hong Kong, Australia, the Bahamas, and internationally. It also provides mining machine hosting services; and engages in the development of proprietary cryptocurrency exchange platform.

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