Envela Corp (NYSEAMERICAN: ELA) stock enjoyed a major increase of 10.1% on 12/4/24. The shares closed at $7.41. Moreover, this advance was accompanied by exceptionally high trading volume at 425% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 15.2% during the last week.
Current PriceTarget Research Rating
Envela has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Envela has a poor Appreciation Score of 28 but a good Power Rating of 79, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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