Yilong Energy's stock price continues to plummet, with weak fundamentals and capital outflows being the main reasons

Economic Observer Network YiLong Energy (ELPW.OQ) closed at $0.67 on February 11, 2026, down 22.12% for the day, with an intraday low of $0.61, a volatility of 28.15%. The trading volume was approximately $1.4483 million, with a turnover rate of 30.21%, and a volume ratio of 0.09, indicating low liquidity and significant selling pressure. This decline follows a sharp drop of 16.99% on February 10, representing a continued correction.

Reasons for Price Movement

Weak Fundamentals and Valuation Pressure

As of February 11, the company’s trailing twelve-month P/E ratio is -0.08, and its price-to-book ratio is -0.23. The total market capitalization is only about $4 million, reflecting a lack of profitability and pressure on asset quality. The Economic Observer notes that negative valuation metrics indicate the company lacks earnings support and struggles to withstand capital fluctuations.

Funding and Technical Aspects

Short-term Speculative Capital Retreat

YiLong Energy experienced intense volatility from late January to early February, with a range amplitude of up to 823.46% (e.g., a 61.11% single-day increase on February 4). The consecutive decline on February 10-11 is a technical correction following the retreat of speculative capital, with a high turnover rate (42.89% on February 10) indicating rapid chip exchange. On February 11, the volume ratio dropped to 0.09, further showing a sharp decline in market attention.

Industry Sector Conditions

Industry and Market Environment Drag

On February 11, the US Nasdaq index was flat at 0.00%, but the electrical equipment parts sector rose 4.57%, while YiLong Energy’s countertrend plunge highlights its independence from industry fundamentals. Market funds shifted toward hot sectors like AI computing power and semiconductors, leaving micro-cap stocks without catalysts marginalized.

Company Status

Liquidity Risks and Technical Breakdown

The company’s free float is only 4.91 million shares, and its low market value and trading volume amplify price volatility. On February 11, the stock price broke below the previous support level of $0.85, indicating an accelerated downward trend, with a total decline of 54.08% over five days.

Future Outlook

YiLong Energy has been in a long-term loss state with no clear business transformation or performance improvement catalysts. If fundamentals do not improve, it may continue to face liquidity contraction and valuation suppression.

The above content is compiled from public information and does not constitute investment advice.