Ebang International Holdings Stock Today

EBON Stock  USD 7.05  0.13  1.88%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 31

 
High
 
Low
Below Average
Ebang International is selling at 7.05 as of the 21st of November 2024; that is 1.88 percent up since the beginning of the trading day. The stock's open price was 6.92. Ebang International has about a 31 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Ebang International Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
26th of June 2020
Category
Technology
Classification
Information Technology
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 China, the United States, Hong Kong, and internationally. The company has 4.73 M outstanding shares of which 18.53 K shares are currently shorted by private and institutional investors with about 0.71 trading days to cover. More on Ebang International Holdings

Moving together with Ebang Stock

  0.72SSYS StratasysPairCorr

Moving against Ebang Stock

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Ebang Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic Ideas
(View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Electronics, ISP, Electronic Equipment, Information Technology, Electronic Equipment, Instruments & Components, Computer Hardware, Technology, Computing (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.01550.0163
Notably Down
Slightly volatile
Total Current Liabilities11.4 M12 M
Notably Down
Pretty Stable
Non Current Liabilities Total4.6 MM
Significantly Down
Slightly volatile
Total Assets200.8 M298.2 M
Way Down
Slightly volatile
Total Current Assets156.6 M250.4 M
Way Down
Slightly volatile
Debt Levels
Ebang International can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ebang International's financial leverage. It provides some insight into what part of Ebang International's total assets is financed by creditors.
Liquidity
Ebang International Holdings currently holds 6.68 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Ebang International has a current ratio of 19.91, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Ebang International's use of debt, we should always consider it together with its cash and equity.

Depreciation

5.28 Million
Ebang International Holdings (EBON) is traded on NASDAQ Exchange in USA. It is located in No.1066 Xinzhou Road, Hangzhou, China and employs 303 people. Ebang International is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 43.46 M. Ebang International conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 4.73 M outstanding shares of which 18.53 K shares are currently shorted by private and institutional investors with about 0.71 trading days to cover. Ebang International Holdings currently holds about 275.32 M in cash with (11.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.47.
Check Ebang International Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Ebang International is $43.46 Million. Roughly 97.29 percent of Ebang International outstanding shares are held by general public with 0.07 (percent) owned by insiders and only 2.64 % by other corporate entities. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Ebang Ownership Details

Ebang Stock Institutional Holders

InstituionRecorded OnShares
Proequities Inc2024-06-30
3.0
Amvescap Plc.2024-06-30
0.0
Advisor Group Holdings, Inc.2024-06-30
0.0
Mirae Asset Global Investments (korea) Co Ltd2024-06-30
0.0
Renaissance Technologies Corp2024-09-30
46.6 K
Susquehanna International Group, Llp2024-06-30
13.5 K
Blackrock Inc2024-06-30
6.3 K
Morgan Stanley - Brokerage Accounts2024-06-30
1.9 K
Group One Trading, Lp2024-06-30
1.9 K
Tower Research Capital Llc2024-06-30
1.1 K
Barclays Plc2024-06-30
161
View Ebang International Diagnostics

Ebang International Historical Income Statement

At this time, Ebang International's Interest Income is very stable compared to the past year. As of the 21st of November 2024, Reconciled Depreciation is likely to grow to about 5.5 M, while Selling General Administrative is likely to drop about 26.4 M. View More Fundamentals

Ebang Stock Against Markets

When determining whether Ebang International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ebang International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ebang International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ebang International Holdings Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ebang International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ebang International. If investors know Ebang will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ebang International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.60)
Revenue Per Share
0.572
Quarterly Revenue Growth
(0.48)
Return On Assets
(0.1)
Return On Equity
(0.12)
The market value of Ebang International is measured differently than its book value, which is the value of Ebang that is recorded on the company's balance sheet. Investors also form their own opinion of Ebang International's value that differs from its market value or its book value, called intrinsic value, which is Ebang International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ebang International's market value can be influenced by many factors that don't directly affect Ebang International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ebang International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ebang International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ebang International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.