Earlyworks (NASDAQ:ELWS) Trading Up 22.9% – Here’s Why

Shares of Earlyworks Co., Ltd (NASDAQ:ELWSGet Free Report) rose 22.9% during mid-day trading on Wednesday . The stock traded as high as $3.80 and last traded at $3.70. Approximately 26,074 shares were traded during mid-day trading, an increase of 39% from the average daily volume of 18,743 shares. The stock had previously closed at $3.01.

Earlyworks Price Performance

The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.15. The company has a 50 day moving average price of $2.88 and a two-hundred day moving average price of $2.66.

About Earlyworks

(Get Free Report)

Earlyworks Co, Ltd operates as a blockchain-based technology company in Japan. The company builds products, deliver services, and develop solutions based on its proprietary Grid Ledger System to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens.

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