ETS (NASDAQ:ETS) Posts Quarterly Earnings Results

ETS (NASDAQ:ETS) released its quarterly earnings results on Tuesday. The company reported ($0.15) EPS for the quarter, Zacks reports. The firm 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 Price Performance

Shares of ETS traded up $0.06 during midday trading on Tuesday, reaching $0.86. 31,859 shares of the stock were exchanged, compared to its average volume of 105,458. ETS has a 52 week low of $0.39 and a 52 week high of $4.23. The firm has a 50 day moving average price of $0.64. The company has a market capitalization of $14.38 million and a P/E ratio of -86.00.

Wall Street Analysts Forecast Growth

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

Key ETS News

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.

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.