Ebang International (NASDAQ:EBON) Shares Down 4.1% – What’s Next?

Ebang International Holdings Inc. (NASDAQ:EBONGet Free Report)’s stock price was down 4.1% during mid-day trading on Friday . The company traded as low as $5.75 and last traded at $5.78. Approximately 26,342 shares traded hands during trading, a decline of 28% from the average daily volume of 36,390 shares. The stock had previously closed at $6.03.

Ebang International Stock Performance

The firm has a 50-day simple moving average of $7.24 and a 200 day simple moving average of $6.46.

Ebang International Company Profile

(Get Free Report)

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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