Ionic Digital (NASDAQ:IOND – Get Free Report) was upgraded by research analysts at Wall Street Zen to a “hold” rating in a report issued on Saturday.
Ionic Digital Stock Performance
Shares of NASDAQ IOND opened at $68.73 on Friday. Ionic Digital has a 52 week low of $50.00 and a 52 week high of $71.90.
Ionic Digital (NASDAQ:IOND – Get Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The company reported ($0.94) earnings per share for the quarter. The firm had revenue of $48.65 million during the quarter.
Ionic Digital Company Profile
Ionic Digital, Inc is a digital asset mining company focused primarily on the production of bitcoin. The company operates and develops specialized computing infrastructure, including application-specific integrated circuit (ASIC) mining equipment and related power, cooling, and data-center systems used to validate transactions on the Bitcoin network.
Ionic Digital was established using assets associated with Celsius Mining following the bankruptcy proceedings of Celsius Network. Its operations have been associated with mining facilities in the United States, including locations in Texas and New York.
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