Ebang International (EBON) Stock Price, News & Analysis

Company Overview

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. In addition, the company offers fiber-optic communication access devices, including multiprotocol label switching fiber-optic access network devices, multi-service access platform integrated business access devices, and wavelength-division multiplexing fiber-optic devices; and enterprise convergent terminal products, which consists gigabit passive optical network, Fiber to the Room products, passive optical network converged gateways, enterprise cloud gateway devices, industrial Internet of Things access devices, and business enterprise smart wireless access devices. It serves the blockchain and telecommunications industries. The company also operates a cross-border payment and foreign exchange platform. It sells its blockchain products directly, as well as through its website; and telecommunication products under the EBANG brand name primarily through supplier contracts. The company was incorporated in 2018 and is headquartered in Hangzhou, China.

Key Stats

• Today's Range: $7.66 to $8.06
• 50-Day Range: $5.56 to $9.40
• 52-Week Range: $5.34 to $18.94
• Volume: 26,309 shs
• Average Volume: 32,220 shs
• Market Capitalization: $38.22 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Ebang International Stock Analysis - MarketRank™

Ebang International scored higher than 16% of companies evaluated by MarketBeat, and ranked 168th out of 179 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Ebang International.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Ebang International has a P/B Ratio of 0.14. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.71% of the float of Ebang International has been sold short.

Short Interest Ratio / Days to Cover

Ebang International has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ebang International has recently increased by 91.89%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ebang International does not currently pay a dividend.

Dividend Growth

Ebang International does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.71% of the float of Ebang International has been sold short.

Short Interest Ratio / Days to Cover

Ebang International has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ebang International has recently increased by 91.89%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.44

News Sentiment

Ebang International has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Ebang International this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ebang International insiders have not sold or bought any company stock.

Percentage Held by Insiders

25.40% of the stock of Ebang International is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 1.15% of the stock of Ebang International is held by institutions.

EBON Stock Analysis - Frequently Asked Questions

How have EBON shares performed this year?

Ebang International's stock was trading at $15.30 at the beginning of 2024. Since then, EBON stock has decreased by 49.9% and is now trading at $7.66.
View the best growth stocks for 2024 here.

When did Ebang International's stock split?

Ebang International shares reverse split on Monday, November 21st 2022. The 1-30 reverse split was announced on Monday, November 21st 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, November 21st 2022. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

When did Ebang International IPO?

Ebang International (EBON) raised $106 million in an initial public offering (IPO) on Friday, June 26th 2020. The company issued 19,300,000 shares at $4.50-$6.50 per share. AMTD and Loop Capital Markets served as the underwriters for the IPO and Prime Number Capital was co-manager.

How do I buy shares of Ebang International?

Shares of EBON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ebang International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ebang International investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), NIO (NIO), Virgin Galactic (SPCE), Tesla (TSLA) and Castor Maritime (CTRM).

Company Calendar

• Today: 12/03/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Semiconductors & related devices
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:EBON
• CUSIP: N/A
• CIK: 1799290
• Web: www.ebang.com.cn
• Phone: 86-571-8817-6197
• Fax: N/A
• Employees: 260
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 22.42
• Quick Ratio: 22.41

Sales & Book Value

• Annual Sales: $4.86 million
• Price / Sales: 8.19
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $56.38 per share
• Price / Book: 0.14

Miscellaneous

• Outstanding Shares: 4,990,000
• Free Float: 3,723,000
• Market Cap: $39.82 million
• Optionable: No Data
• Beta: 1.87