Ebang International Holdings Inc. (NASDAQ:EBON) went down by -16.27% from its latest closing price compared to the recent 1-year high of $4.00. The company’s stock price has collected -39.71% of loss in the last five trading sessions.
Is It Worth Investing in Ebang International Holdings Inc. (NASDAQ :EBON) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Ebang International Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
Today, the average trading volume of EBON was 1.06M shares.
EBON’s Market Performance
EBON stocks went down by -39.71% for the week, with a monthly drop of -38.19% and a quarterly performance of -65.48%, while its annual performance rate touched -87.64%. The volatility ratio for the week stands at 27.41% while the volatility levels for the past 30 days are set at 13.98% for Ebang International Holdings Inc. The simple moving average for the period of the last 20 days is -38.38% for EBON stocks with a simple moving average of -67.27% for the last 200 days.
EBON Trading at -47.07% from the 50-Day Moving Average
After a stumble in the market that brought EBON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.70% of loss for the given period.
Volatility was left at 13.98%, however, over the last 30 days, the volatility rate increased by 27.41%, as shares sank -39.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -61.68% lower at present.
During the last 5 trading sessions, EBON fell by -39.71%, which changed the moving average for the period of 200-days by -83.06% in comparison to the 20-day moving average, which settled at $0.7193. In addition, Ebang International Holdings Inc. saw -56.10% in overturn over a single year, with a tendency to cut further losses.