Elong Power Holding Ltd [NASDAQ: ELPW] stock went on an upward path that rose over 28.73% on Wednesday, amounting to a one-week price decrease of less than -0.89%.
Over the last 12 months, ELPW stock dropped by -15.91%.
The market cap for the stock reached $55.56 million, with 50.06 million shares outstanding and 6.97 million shares in the current float. Compared to the average trading volume of 681.50K shares, ELPW stock reached a trading volume of 10034852 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Elong Power Holding Ltd [ELPW]:
The Price to Book ratio for the last quarter was 0.14, with the Price to Cash per share for the same quarter was set at 0.00.
ELPW Stock Performance Analysis:
Elong Power Holding Ltd [ELPW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.89. With this latest performance, ELPW shares dropped by -4.31% in over the last four-week period, additionally sinking by -3.48% over the last 6 months – not to mention a drop of -15.91% in the past year of trading.
Insight into Elong Power Holding Ltd Fundamentals:
Return on Equity for this stock inclined to 2.72%, with Return on Assets sitting at 2.72%.