Everbright Digital Holding Ltd [NASDAQ: EDHL] price plunged by -78.77 percent to reach at -$3.39.
A sum of 17369568 shares traded at recent session while its average daily volume was at 1.06M shares. Everbright Digital Holding Ltd shares reached a high of $1.05 and dropped to a low of $0.67 until finishing in the latest session at $0.91.
Guru’s Opinion on Everbright Digital Holding Ltd [EDHL]:
The Price to Book ratio for the last quarter was 11.41, with the Price to Cash per share for the same quarter was set at 0.02.
EDHL Stock Performance Analysis:
Everbright Digital Holding Ltd [EDHL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -84.99.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EDHL stock in for the last two-week period is set at 17.14, with the RSI for the last a single of trading hit 1.11, and the three-weeks RSI is set at 0.76 for Everbright Digital Holding Ltd [EDHL]. The present Moving Average for the last 50 days of trading for this stock 4.77, while it was recorded at 4.66 for the last single week of trading.
Insight into Everbright Digital Holding Ltd Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Everbright Digital Holding Ltd [EDHL] shares currently have an operating margin of 18.70% and a Gross Margin at 58.90%. Everbright Digital Holding Ltd’s Net Margin is presently recorded at 13.70%.
Return on Equity for this stock inclined to 17.10%, with Return on Assets sitting at 17.10%.
