Earlyworks (NASDAQ:ELWS) Shares Down 7.5% – What’s Next?

Earlyworks Co., Ltd (NASDAQ:ELWSGet Free Report) shares were 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 Stock Performance

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

About Earlyworks

(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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