ETS (NASDAQ:ETS) Trading Up 0.3% – Still a Buy?

ETS (NASDAQ:ETS) was up 0.3% during mid-day trading on Wednesday . The stock traded as high as $0.5799 and last traded at $0.5492. Approximately 74,506 shares traded hands during trading, an increase of 7% from the average daily volume of 69,868 shares. The stock had previously closed at $0.5477.

ETS News Summary

Here are the key news stories impacting ETS this week:

• Positive Sentiment: ETS received a note that short interest increased, but the reported short-interest figure was still 0 shares, suggesting there is no meaningful bearish positioning driving the stock. ETS (NASDAQ:ETS) Trading Up 0.3% – Time to Buy?
• Neutral Sentiment: The company’s recent earnings backdrop remains mixed, with Q1 revenue of $0.81 million and a small loss per share, which keeps investors focused on the path to improved profitability rather than near-term growth acceleration.
• Neutral Sentiment: ETS has very limited trading activity and a small market cap, so even modest buying or selling can create outsized moves in the share price.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of ETS from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

ETS Price Performance

The stock has a market cap of $9.20 million and a price-to-earnings ratio of -55.02. The firm has a 50-day moving average of $0.60.

ETS (NASDAQ:ETS) last posted its quarterly earnings results on Monday, April 13th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $0.81 million during the quarter. ETS had a negative return on equity of 19.59% and a negative net margin of 75.24%.

About ETS

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.