Earlyworks (NASDAQ:ELWS) Trading Down 7.5% – Time to Sell?

Earlyworks Co., Ltd (NASDAQ:ELWSGet Free Report) was down 7.5% during mid-day trading on Wednesday . The company traded as low as $1.86 and last traded at $1.98. Approximately 19,955 shares changed hands during trading, a decline of 95% from the average daily volume of 366,254 shares. The stock had previously closed at $2.14.

Earlyworks Price Performance

The company’s 50 day simple moving average is $2.39 and its 200 day simple moving average is $2.45. The company has a quick ratio of 2.75, a current ratio of 2.75 and a debt-to-equity ratio of 0.15.

Earlyworks Company Profile

(Get Free Report)

Earlyworks Co, Ltd operates as a blockchain-based technology company in Japan. The company builds products, deliver services, and develop solutions based on its proprietary Grid Ledger System to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens.

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