Edison Nation Inc (NASDAQ:EDNT) saw unusually-strong trading volume on Wednesday . Approximately 2,147,600 shares traded hands during mid-day trading, an increase of 5,123% from the previous session’s volume of 41,117 shares.The stock last traded at $1.75 and had previously closed at $1.64.
The firm has a 50-day moving average of $2.00.
Edison Nation (NASDAQ:EDNT) last announced its quarterly earnings results on Friday, November 15th. The company reported ($0.44) earnings per share for the quarter. The firm had revenue of $3.53 million for the quarter.
About Edison Nation (NASDAQ:EDNT)
Edison Nation, Inc, through its subsidiaries, primarily designs, manufactures, and sells various toy products directly to retailers or direct to consumers via e-commerce in North America, Asia, and Europe. It operates through two segments, Consumer Goods and Packaging Materials. The company produces battery-operated products for theme parks and entertainment venues; and party-related and arts and crafts-related items to retailers.
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