Elis (OTCMKTS:ELSSF) Trading Up 2.1% – Here’s What Happened

Elis SA (OTCMKTS:ELSSF) shares rose 2.1% on Tuesday . The stock traded as high as $25.73 and last traded at $25.73. 5,110 shares changed hands during trading, an increase of 52% from the average daily volume of 3,355 shares. The stock had previously closed at $25.20.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada raised shares of Elis from a “sector perform” rating to an “outperform” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Elis Stock Performance

The company’s fifty day simple moving average is $28.88 and its two-hundred day simple moving average is $28.33.

Elis Company Profile

Elis SA is a France-based provider of textile, hygiene and facility services under a rental and maintenance model. The company specializes in the supply, laundering and upkeep of workwear, corporate uniforms, hospitality linens, floor mats and cleaning cloths. Elis also offers professional hygiene solutions, including restroom hygiene systems, hand-care products and infection-prevention services designed for sectors such as healthcare, hospitality, industry, retail and public institutions.

Founded in 1907 and headquartered in La Défense, Paris, Elis operates a network of industrial laundries and service sites across Europe and Latin America.