Everbright Digital (NASDAQ:EDHL) Announces Earnings Results

Everbright Digital (NASDAQ:EDHL) announced its quarterly earnings results on Wednesday. The company reported ($0.02) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $0.36 million during the quarter.

Everbright Digital Price Performance

NASDAQ EDHL opened at $0.38 on Friday. Everbright Digital has a fifty-two week low of $0.35 and a fifty-two week high of $6.88. The business has a fifty day moving average of $0.77 and a 200-day moving average of $1.42.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Everbright Digital stock. Citadel Advisors LLC purchased a new position in shares of Everbright Digital Holding Limited (NASDAQ:EDHL) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 44,828 shares of the company’s stock, valued at approximately $30,000. Citadel Advisors LLC owned about 0.17% of Everbright Digital at the end of the most recent reporting period.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Everbright Digital in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

About Everbright Digital

Everbright Digital Holdings Co, Ltd. is a Cayman Islands holding company that, through its subsidiaries, delivers digital operation services and interactive solutions to cultural tourism, sports and small and medium-sized enterprises in the People’s Republic of China. The company specializes in digital marketing, content distribution and technology-driven platforms designed to enhance customer engagement and streamline operational workflows. Its portfolio includes digital interactive applications, intelligent library systems and tools for digital event management.

Since its founding in 2018, Everbright Digital has partnered with government agencies, cultural venues and commercial enterprises across more than 20 provinces.