Abits Group’s (ABTS) Sell (D-) Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (d-) rating on shares of Abits Group (NASDAQ:ABTS) in a research note issued to investors on Wednesday morning,Weiss Ratings reports.

Abits Group Stock Performance

NASDAQ:ABTS opened at $8.54 on Wednesday. The stock’s fifty day moving average price is $5.62 and its two-hundred day moving average price is $4.30. Abits Group has a 1 year low of $1.35 and a 1 year high of $14.10.

Abits Group Company Profile

Abits Group Inc operates in the bitcoin mining business in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc in November 2023. Abits Group Inc was incorporated in 2021 and is based in Causeway Bay, Hong Kong.