ETS (NASDAQ:ETS) Announces Earnings Results

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

ETS Trading Up 7.5%

Shares of ETS traded up $0.06 during midday trading on Tuesday, hitting $0.86. The stock had a trading volume of 31,859 shares, compared to its average volume of 105,384. The firm has a 50 day moving average of $0.64. ETS has a twelve month low of $0.39 and a twelve month high of $4.23. The firm has a market capitalization of $14.38 million and a price-to-earnings ratio of -86.00.

Analyst Upgrades and Downgrades

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

Key Headlines 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.