The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Elong Power Holding Ltd’s current trading price is -64.29% away from its 52-week high, while its distance from the 52-week low is 703.28%. The stock’s price range for this period has been between $0.56 and $12.60 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 0.58 million for the day, a number notably higher than the average daily volume of 0.32 million over the last three months.
Elong Power Holding Ltd ‘s stock market performance has been somewhat erratic.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Elong Power Holding Ltd (ELPW) has experienced a quarterly rise of 372.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 208.88M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.77, with a change in price of +3.45. Similarly, Elong Power Holding Ltd recorded 247,209 in trading volume during the last 100 days, posting a change of +328.57%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ELPW stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.00.
ELPW Stock Stochastic Average
Elong Power Holding Ltd’s raw stochastic average for the past 50 days is presently 52.30%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 34.10%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 68.56% and 83.36%, respectively.
ELPW Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a gain of 240.91%.However, over the last six months, we can see a stronger performance of -32.84%. Over the last 30 days, the price of ELPW has fallen by 15.83%. And in the last five days, it has fallen by -13.38%.
