Elong Power (NASDAQ:ELPW) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Elong Power (NASDAQ:ELPW) from a sell rating to a hold rating in a report issued on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings raised Elong Power from a “sell (e)” rating to a “sell (d)” rating in a research report on Tuesday, October 13th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Elong Power has a consensus rating of “Sell”.

Elong Power Stock Up 3.0%

Shares of ELPW stock traded up $0.03 on Friday, hitting $1.03. The company’s stock had a trading volume of 311,241 shares, compared to its average volume of 5,653,742. Elong Power has a fifty-two week low of $0.91 and a fifty-two week high of $54,972.00. The firm’s fifty day moving average price is $2.44 and its 200-day moving average price is $560.70.

Elong Power (NASDAQ:ELPW) last issued its quarterly earnings data on Tuesday, October 6th. The company reported $205.69 earnings per share (EPS) for the quarter. The business had revenue of $1.45 million during the quarter.

About Elong Power

Elong Power Holding Limited is a battery technology company focused on the development and manufacture of lithium-ion battery products. Through its operating subsidiaries, the company serves applications associated with electric mobility, energy storage and other uses that require rechargeable power solutions. Its product offerings include lithium-ion battery cells, battery modules and battery packs, as well as related battery-system solutions. These products are intended for use in areas such as electric vehicles, energy-storage systems, power tools and other equipment requiring portable or stationary electrical power.