Everbright Digital Holding Ltd (NASDAQ: EDHL) is 40.71% higher on its value in year-to-date trading and has touched a low of $3.51 and a high of $5.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EDHL stock was last observed hovering at around $5.18 in the last trading session, with the day’s gains setting it 0.73%.
Currently trading at $5.91, the stock is 27.00% and 37.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.84 million and changing 14.09% at the moment leaves the stock 37.68% off its SMA200.
The stock witnessed a 44.85% in the last 1 month, and is 15.88% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.56% over the week and 4.79% over the month.
Everbright Digital Holding Ltd (EDHL) has around 7 employees, a market worth around $157.56M and $2.80M in sales. Current P/E ratio is 41.33. Profit margin for the company is 13.70%. Distance from 52-week low is 68.62% and 11.51% from its 52-week high. The company has generated returns on investments over the last 12 months (18.20%).
The EPS is expected to shrink by -61.00% this year
The shares outstanding are 26.66M, and float is at 8.66M with Short Float at 0.14%.
