Abits Group (NASDAQ:ABTS) Trading Up 10.7% – Still a Buy?

Abits Group Inc. (NASDAQ:ABTSGet Free Report)’s stock price was up 10.7% on Friday . The stock traded as high as $3.83 and last traded at $3.82. Approximately 50,394 shares were traded during mid-day trading, an increase of 13% from the average daily volume of 44,470 shares. The stock had previously closed at $3.45.

Abits Group Stock Up 10.7%

The firm’s 50 day moving average is $2.85 and its two-hundred day moving average is $5.82.

Abits Group Company Profile

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Abits Group Inc operates in the bitcoin mining business in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc in November 2023. Abits Group Inc was incorporated in 2021 and is based in Causeway Bay, Hong Kong.

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