Ebang International Acquires Zhejiang Industrial Site to Build Renewable Energy Equipment Base
TipRanks (Tue, 29-Sep 4:27 PM ET)
Globe Newswire (Fri, 14-Aug 4:05 PM ET)
Ebang International Holdings Inc is engaged in blockchain technology and fintech, with activities also extending to the solar industry, supported by its application-specific integrated circuit (ASIC) chip designs. The Company's business mainly includes the sale of bitcoin mining machines and related accessories, telecommunication products, solar and battery storage products, cryptocurrency exchange services, cross-border payment and foreign exchange services, SaaS data visualization and analytics solutions, and rental services. It generates the majority of its revenue from cross-border payment and foreign exchange services, with its operations mainly in mainland China and Australia, which contribute the maximum revenue.
Ebang Intl Hldgs trades on the NASDAQ stock market under the symbol EBON.
As of October 2, 2026, EBON stock price climbed to $2.09 with 4,693 million shares trading.
EBON has a market cap of $13.10 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, EBON traded as high as $18.94 and as low as $1.61.
EBON has underperformed the market in the last year with a price return of -60.9% while the SPY ETF gained +16.1%. However, in the short term, EBON had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.3% vs +3.6% return in SPY. But in the last 2 weeks, EBON shares have been beat by the market, returning -3.5% compared to an SPY return of +1.0%.
EBON support price is $1.87 and resistance is $2.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EBON shares will trade within this expected range on the day.