Envela (ELA) Expected to Announce Earnings on Wednesday

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

Envela Stock Performance

Shares of NYSEAMERICAN ELA opened at $5.35 on Wednesday. The company has a market cap of $139.10 million, a P/E ratio of 22.29 and a beta of 0.35. The company has a current ratio of 4.76, a quick ratio of 2.08 and a debt-to-equity ratio of 0.25. Envela has a 1 year low of $4.20 and a 1 year high of $7.88.

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.