Earlyworks (NASDAQ:ELWS) Shares Up 22.9% – Here’s What Happened

Shares of Earlyworks Co., Ltd (NASDAQ:ELWSGet Free Report) were up 22.9% on Wednesday . The company traded as high as $3.80 and last traded at $3.70. Approximately 26,074 shares traded hands during trading, an increase of 39% from the average daily volume of 18,743 shares. The stock had previously closed at $3.01.

Earlyworks Price 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 stock’s 50-day simple moving average is $2.88 and its two-hundred day simple moving average is $2.66.

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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