Previous Close | 0.4248 |
Open | 0.4306 |
Bid | 0.0000 x 3100 |
Ask | 0.0000 x 900 |
Day's Range | 0.4111 - 0.4599 |
52 Week Range | 0.3710 - 3.1000 |
Volume | |
Avg. Volume | 1,427,618 |
Market Cap | 85.312M |
Beta (5Y Monthly) | -0.45 |
PE Ratio (TTM) | 22.77 |
EPS (TTM) | 0.0200 |
Earnings Date | Apr 29, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
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In a bit of an odd move, Ebang (NASDAQ:EBON) stock is up nearly 20% today after the Chinese blockchain technology company received a warning from the Nasdaq exchange that it will be delisted if it fails to maintain a minimum $1 trading price in coming months. Normally, the threat of being delisted would be viewed negatively and a stock’s price would drop as a result. The rise in EBON stock might be a sign that investors are rallying to support it and push it above the $1 threshold that’s needed
HANGZHOU, China, June 24, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON) (the “Company”, “we” or “our”), a global blockchain technology company, today announced that the Company had received a notification letter (the “Notice”), dated June 17, 2022, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is currently not in compliance with the minimum bid price requirement for continued listing on the Nasdaq Gl