Argus Research Initiates Equity Research Report Coverage on Envela Corp. (NYSE American: ELA)
Envela Corporation (ELA)
Company Research
Source: GlobeNewswire
NEW YORK, Jan. 23, 2020 (GLOBE NEWSWIRE) -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on Envela Corp. (NYSE American: ELA) Click here to view Full Argus Report Highlights, as conveyed by Argus Analyst Steve Silver, include: COMPANY HIGHLIGHTS Pushing the Envelope on Recommerce.In our view, Envela is uniquely positioned for continued growth. The company has undergone a successful turnaround that saw it reestablish profitability in its core retail business as a marketplace for authenticated consignment luxury items, including fine jewelry and watches. In 2019, the company diversified into electronics recycling through the asset acquisitions of Echo Environmental and ITAD USA, and the purchase of Teladvance. This led to the formation of a new business unit that has made solid traction among large corporate clients and significantly enhanced Envela’s gross margin profile.We expect Envela to diversify revenue streams further
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News
- Envela (ELA) Is a Great Choice for 'Trend' Investors, Here's Why [Yahoo! Finance]Yahoo! Finance
- Envela Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Envela to Announce Third Quarter 2024 Financial Results on November 5Accesswire
- Four Nines Announces Grand Openings in San AntonioAccesswire
- Here's Why Momentum in Envela (ELA) Should Keep going [Yahoo! Finance]Yahoo! Finance
ELA
Earnings
- 8/7/24 - Beat
ELA
Sec Filings
- 11/5/24 - Form 10-Q
- ELA's page on the SEC website