Elong Power Holding Ltd [NASDAQ: ELPW] gained 62.71% or 0.74 points to close at $1.92 with a heavy trading volume of 12408787 shares.
It opened the trading session at $1.2, the shares rose to $2.27 and dropped to $1.1764, the range by which the price of stock traded the whole day. The daily chart for ELPW points out that the company has recorded 45.45% gains over the past six months.
If we look at the average trading volume of 856.19K shares, ELPW reached to a volume of 12408787 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Elong Power Holding Ltd [ELPW]:
The Price to Book ratio for the last quarter was 0.24, with the Price to Cash per share for the same quarter was set at 0.00.
Trading performance analysis for ELPW stock
Elong Power Holding Ltd [ELPW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 101.91. With this latest performance, ELPW shares gained by 74.55% in over the last four-week period, additionally plugging by 45.45% over the last 6 months – not to mention a rise of 45.45% in the past year of trading.
Elong Power Holding Ltd [ELPW]: A deeper dive into fundamental analysis
Return on Equity for this stock inclined to 2.72%, with Return on Assets sitting at 2.72%.
