Envela (ELA) Expected to Announce Earnings on Wednesday

Envela (NYSEAMERICAN:ELA) is anticipated to post its quarterly earnings results before the market opens on Wednesday, March 19th. Analysts expect Envela to post earnings of $0.05 per share and revenue of $40.63 million for the quarter.

Envela Trading Up 0.7 %

Shares of Envela stock opened at $5.49 on Monday. The firm has a market cap of $142.74 million, a P/E ratio of 22.88 and a beta of 0.35. Envela has a 12 month low of $4.20 and a 12 month high of $7.88. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.08 and a current ratio of 4.76.

About Envela

Envela Corporation, together with its subsidiaries, operates in the re-commerce sector in the United States. The company operates through two segments, Commercial-Services and Direct-To-Consumer. It provides end-of-life asset recycling; data destruction and IT asset management; and products, services, and solutions to industrial and commercial companies, as well as operates as a re-commerce retailers of luxury hard assets.