EBON Stock Surges Amidst Computer Hardware Industry Gains

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Jan 15, 2025

EBang International Holdings Inc. (EBON, Financial) experienced a notable stock price surge of 7.16%. The stock is trading at $6.41 with a trading volume of 11,783 shares, a turnover rate of 0.19%, and a volatility of 8.19%. Recent financial results show EBON with a revenue of $2.11 million and a net loss of $6.23 million, resulting in an earnings per share of -$0.99 and a gross profit of $81,836. The price-to-earnings ratio stands at -1.12, and no institutional ratings are currently available for the stock.

Within the computer hardware sector, which saw an overall increase of 1.62%, other notable performers include Quantum Computing Inc. and Rigetti Computing Inc., both showing significant activity and price fluctuations. Quantum Computing Inc. had a turnover rate of 125.06% and a price swing of 41.32%, while Rigetti Computing Inc. had a turnover rate of 101.72% and a price swing of 37.84%.

EBang International is a blockchain technology and fintech company with expertise in ASIC chip design. The company focuses on Bitcoin mining machines, related accessories, and telecommunications products. It also offers cryptocurrency trading services, management, maintenance, and cross-border payment and foreign exchange services. EBang operates in mainland China, Australia, and other regions.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.