Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $0.16 in the prior trading day, Elong Power Holding Ltd (NASDAQ: ELPW) closed at $0.16, down -2.85%. In other words, the price has decreased by -$2.85 from its previous closing price. On the day, 0.66 million shares were traded. ELPW stock price reached its highest trading level at $0.18 during the session, while it also had its lowest trading level at $0.16.
Ratios:
Our goal is to gain a better understanding of ELPW by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.05 and its Current Ratio is at 0.05. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELPW now has a Market Capitalization of 10728976 and an Enterprise Value of 36312584. As of this moment, Elong’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.74. Its current Enterprise Value per Revenue stands at 154.519 whereas that against EBITDA is -2.175.
Stock Price History:
The Beta on a monthly basis for ELPW is -2.46, which has changed by -0.8504673 over the last 52 weeks, in comparison to a change of 0.14402747 over the same period for the S&P500. Over the past 52 weeks, ELPW has reached a high of $8.07, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is -37.88%, while the 200-Day Moving Average is calculated to be -89.12%.
Shares Statistics:
The stock has traded on average 2.96M shares per day over the past 3-months and 494140 shares per day over the last 10 days, according to various share statistics. A total of 58.06M shares are outstanding, with a floating share count of 14.97M. Insiders hold about 74.21% of the company’s shares, while institutions hold 0.56% stake in the company. Shares short for ELPW as of 1764288000 were 117095 with a Short Ratio of 0.04, compared to 1761868800 on 826428. Therefore, it implies a Short% of Shares Outstanding of 117095 and a Short% of Float of 0.29.
