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Should You Buy Envela Corp (ELA) in Luxury Goods Industry?

Wednesday, July 12, 2023 06:30 AM | InvestorsObserver Analysts

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Should You Buy Envela Corp (ELA) in Luxury Goods Industry?

Envela Corp (ELA) is the highest overall rated company in the Luxury Goods industry with an overall score of 69. ELA is up 4.31% so far this year after the company closed yesterday at $7.75. The overall score measures the company's performance based-off both short and long term indicators and means that ELA scores better than 69% of the overall market.

Overall Score - 69
ELA has an Overall Score of 69. Find out what this means to you and get the rest of the rankings on ELA!
Envela Corp is a strong performer in the Luxury Goods industry, which has an average overall score of 41. This means that, on average, the stocks in this industry score higher than 41% of the stock market.
To see InvestorsObserver's Sentiment Score for Envela Corp click here. ELA has been trading bullishly recently. The stock is trading up 9.62% this week following yesterday's rise. ELA has an average analyst ranking of Strong Buy with an average price target of $12. Click Here to get the full Stock Report for Envela Corp stock.

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