Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -67.03% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 288.06%. Over the past 30 days, the price of ELPW has fallen by 83.84%. And in the last five days, it has fallen by -4.71%.
Elong Power Holding Ltd experienced a rather steady stock market performance.
52-week price history of ELPW Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Elong Power Holding Ltd’s current trading price is -71.11% away from its 52-week high, while its distance from the 52-week low is 549.77%. The stock’s price range during this period has varied between$0.56 and $12.60. The Elong Power Holding Ltd’s shares, which operate in the Industrials, saw a trading volume of around 2.64 million for the day, a figure considerably higher than their average daily volume of 1.34 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Elong Power Holding Ltd (ELPW) has experienced a quarterly decline of -35.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 182.20M.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.54, with a change in price of +2.94. Similarly, Elong Power Holding Ltd recorded 1,042,217 in trading volume during the last 100 days, posting a change of +420.00%.
ELPW’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
As of today, Elong Power Holding Ltd’s raw stochastic average for the last 50 days stands at 77.81%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 67.86%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 76.87% and 78.29%, respectively.
