EBON Stock Summary and Trading Ideas (Ebang Intl Hldgs | NASDAQ:EBON)

Ebang International Holdings Inc is a blockchain technology and Fintech company, that has ASIC chip design capability. Its business is ASIC chip design and Telecommunication. It operates in a single segment selling bitcoin mining machines and related accessories, telecommunication products, providing cryptocurrency exchange services, management and maintenance services, and cross-border payment and foreign exchange services. Its geographic regions are Mainland China, Australia, and Other countries and regions.

Ebang Intl Hldgs trades on the NASDAQ stock market under the symbol EBON.

As of April 9, 2025, EBON stock price climbed to $3.55 with 6,626 million shares trading.

EBON has a beta of 1.47, meaning it tends to be more sensitive to market movements. EBON has a correlation of 0.15 to the broad based SPY ETF.

EBON has a market cap of $22.27 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, EBON traded as high as $35.40 and as low as $2.52.

EBON has underperformed the market in the last year with a price return of -60.7% while the SPY ETF gained +7.1%. EBON has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -41.2% and -16.0%, respectively, while the SPY returned -6.6% and -4.7%, respectively.

EBON support price is $2.96 and resistance is $3.39 (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.