Wall Street Zen upgraded shares of Ionic Digital (NASDAQ:IOND – Free Report) to a hold rating in a report issued on Saturday.
Ionic Digital Price Performance
Shares of IOND stock opened at $68.73 on Friday. Ionic Digital has a fifty-two week low of $50.00 and a fifty-two week high of $71.90.
Ionic Digital (NASDAQ:IOND – Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The company reported ($0.94) earnings per share (EPS) for the quarter. The firm had revenue of $48.65 million for the quarter.
About Ionic Digital
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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