Midday Report: Ebix (EBIX) Shares Up on May 13

Equities Staff  |

Ebix Inc. (NASDAQ: EBIX) shares are up 8.40%, or $2.29 per share, as on 11:53:44 est today. After Opening the Day at $28.02, 215,243 shares of Ebix exchanged hands and the stock has ranged between $29.76 and $27.70.  

So far this year the company has a YTD change of 10.08%.

Ebix is set to release earnings on 2022-08-08.

For technical charts, analysis, and more on Ebix visit the company profile.

About Ebix Inc.

With a 'Phygital' strategy that combines 320,000 physical distribution outlets in many Southeast Asian Nations ('ASEAN') countries, to an Omni-channel online digital platform, the Company's EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, foreign exchange (Forex), travel, pre-paid & gift cards, utility payments, lending, wealth management etc. in India and other markets. EbixCash's Forex operations have emerged as a leader in India's airport Foreign Exchange business with operations in 32 international airports including Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata, conducting over $4.8 billion in gross transaction value per year. EbixCash's inward remittance business in India conducts approx. $6.5 billion gross annual remittance business, confirming its undisputed leadership position in India. EbixCash, through its travel portfolio of Via and Mercury, is also one of Southeast Asia's leading travel exchanges with over 2,200+ employees, 212,450+ agent network, 25 branches and over 9,800 corporate clients; processing an estimated $2.5 billion in gross merchandise value per year. EbixCash's Financial Technology solutions are today deployed across prestigious financial institutions and Banks in 44 countries.

To get more information on Ebix Inc. and to follow the company's latest updates, you can visit the company's profile page here: Ebix Inc.'s Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Symbol info widget is provided by TradingView based on 15-minute-delayed prices. All other article data is provided by IEX Cloud on 15-minute delayed prices or EOD company info.

Stock price data is provided by IEX Cloud on a 15-minute delayed basis. Chart price data is provided by TradingView on a 15-minute delayed basis.

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