ETS (NASDAQ:ETS) Issues Quarterly Earnings Results

ETS (NASDAQ:ETS) posted its quarterly earnings data on Tuesday. The company reported ($0.15) EPS for the quarter, Zacks reports. The business had revenue of $0.73 million for the quarter. ETS had a negative return on equity of 19.59% and a negative net margin of 75.24%.

ETS Stock Up 7.5%

NASDAQ ETS traded up $0.06 during trading on Tuesday, reaching $0.86. 31,859 shares of the company’s stock were exchanged, compared to its average volume of 105,384. The firm’s 50 day simple moving average is $0.64. The firm has a market capitalization of $14.38 million and a PE ratio of -86.00. ETS has a fifty-two week low of $0.39 and a fifty-two week high of $4.23.

Analyst Ratings Changes

Separately, Weiss Ratings raised ETS from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 25th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Key Stories Impacting ETS

Here are the key news stories impacting ETS this week:

• Positive Sentiment: Some recent names in the broader news flow saw positive reactions to strategic updates and index inclusions, which can help sentiment around small-cap stocks generally, though ETS itself did not announce a new catalyst.
• Neutral Sentiment: ETS last reported quarterly revenue of $0.81 million and EPS of -$0.01, with negative net margin and return on equity, leaving the stock dependent on future execution rather than current fundamentals.
• Neutral Sentiment: The stock’s very low trading volume versus its average suggests that relatively small buying interest can move the share price meaningfully in either direction.

ETS Company Profile

Elite Express Holding Inc is a holding company which conducts its operations through its wholly owned subsidiary, JAR Transportation Inc It provides last-mile delivery services, primarily focused on transporting packages from distribution centers to end customers. Elite Express Holding Inc is based in LAGUNA HILLS, Calif.