Abits Group (NASDAQ:ABTS) Stock Price Up 12.6% – Here’s What Happened

Abits Group Inc. (NASDAQ:ABTSGet Free Report)’s share price was up 12.6% during trading on Tuesday . The stock traded as high as $9.39 and last traded at $9.12. Approximately 39,822 shares traded hands during trading, a decline of 16% from the average daily volume of 47,251 shares. The stock had previously closed at $8.10.

Abits Group Stock Performance

The company’s 50 day simple moving average is $4.77 and its 200-day simple moving average is $3.96.

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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