Shares of Ebang International Holdings Inc. (NASDAQ:EBON) traded today at $1.95, breaking its 52-week low. Approximately 1.2 million shares have changed hands today, as compared to an average 30-day volume of 5.3 million shares.
Over the past year, Ebang International Holdings Inc. has traded in a range of $1.95 to $14.95 and is now at $2.12.
Ebang International Holdings Inc is an application-specific integrated circuit, or ASIC, chip design company and a manufacturer of high performance Bitcoin mining machines. The company’s Ebit E10 model, is a commercial mining machine that uses 10 nm ASIC chips among other mining machine producers. It operates in single segment selling of Bitcoin mining machines and related accessories, telecommunications products and provision of management and maintenance services.
Ebang International Holdings Inc. has overhead space with shares priced $2.12, or 2.5% below the average consensus analyst price target of $2.17.
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