Bull
$1.92
Scenario price
$2.440
+0.154 (+6.32%)At close
eLong Power Holding Ltd is a holding company principally engaged in the research and development, manufacturing, sales, and service of high-power lithium-ion batteries and related systems. The Company’s main businesses include the production of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. The Company’s product and technology system covers battery cells, modules, system integration, and battery management system (BMS) development. The Company’s product portfolio includes lithium manganese oxide and lithium iron phosphate batteries and others, designed for high-power applications and energy storage scenarios.
eLong Power Holding Ltd is not a good buy right now due to its significant financial issues and poor performance metrics. The stock has a year-to-date change of -99.97%, and the RSI is at a very low 24.27, indicating oversold conditions but also a lack of buying momentum. Additionally, the company has reported a gross margin of only 0.31% in the latest quarter, which is concerning for long-term profitability. The main risk is the company's high debt-to-equity ratio of 44.35%, which could hinder its ability to recover financially.
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

Elong Power Executes Share Consolidation to Maintain Nasdaq Compliance

Elong Power Announces Share Consolidation Plan

Elong Power Completes Public Offering of 11.47 Million Units

Elong Power Completes Public Offering of 11.47 Million Units

Elong Power Prices Public Offering at $0.12 per Unit
eLong Power Holding Ltd is a holding company principally engaged in the research and development, manufacturing, sales, and service of high-power lithium-ion batteries and related systems. The Company’s main businesses include the production of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. The Company’s product and technology system covers battery cells, modules, system integration, and battery management system (BMS) development. The Company’s product portfolio includes lithium manganese oxide and lithium iron phosphate batteries and others, designed for high-power applications and energy storage scenarios. It operates in the Industrials sector.
eLong Power Holding Ltd is not a good buy right now due to its significant financial issues and poor performance metrics. The stock has a year-to-date change of -99.97%, and the RSI is at a very low 24.27, indicating oversold conditions but also a lack of buying momentum. Additionally, the company has reported a gross margin of only 0.31% in the latest quarter, which is concerning for long-term profitability. The main risk is the company's high debt-to-equity ratio of 44.35%, which could hinder its ability to recover financially.
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