How to Buy Envela Stock
Envela Corp
Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, and institutions in the United States.
Envela stock last closed at $4.49, up 0.45% from the previous day, and has decreased 31.45% in one year. It has underperformed other stocks in the Luxury Goods industry by 0.38 percentage points. Envela stock is currently +48.68% from its 52-week low of $3.02, and -43.66% from its 52-week high of $7.97.
There are currently 26.35M shares of ELA outstanding. The market capitalization of ELA is $118.31M. In the past 24 hours, 23,356 ELA shares were traded.
How to Buy Envela Stock
Not sure how to invest in Envela stock? Here's how.
- Choose where to buy Envela stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Envela stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your method of payment and add your details.
- Analyze Envela stock: The Envela ticker symbol is ELA. Is Envela stock a good investment? Should you buy shares of ELA? How do ELA's underlying business fundamentals look? Do top analysts think Envela is a good buy? Why has ELA's stock price moved recently? (Hint: Our stock market research website can help you figure out if ELA is a good stock to buy).
- Execute your ELA buy order: Decide if you will purchase ELA shares at the current market price or use a limit order to purchase ELA shares at a specific price.
- Get updates on your investment in ELA: Create a watchlist to get live updates on your new investment in Envela stock.
Step 1: Choose where to buy Envela stock
You need an online brokerage account to access the NYSEMKT market and buy ELA stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you are able to buy ELA stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:
Check out the video below for more details transferring funds into your new investment account.
Step 4: Analyze Envela stock
After you have decided on the best place to buy Envela stock, it's absolutely critical to research their stock before you invest, so you can wrap your head around the risk and opportunity.
Envela shares data
ELA Fundamentals
WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on ELA's stock page.
Is ELA stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ELA's true value.
Using relative valuations ratios:
- ELA could be overvalued based on its P/E ratio of 16.63x, relative to Luxury Goods industry P/E ratio of 10.47x
- ELA could be undervalued based on its P/B ratio of 2.45x, relative to Luxury Goods industry P/B ratio of 2.47x
- ELA may be undervalued based on its PEG ratio of 0.33x
You can access additional valuation research on ELA's stock here.
A look at ELA Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the ELA balance sheet.
- There are more short-term assets than short-term liabilities on the ELA balance sheet.
- ELA earnings of $9.48M is not sufficient to cover its interest payments.
- ELA's operating cash flow of $5.84M allows it to safely service it's debt of $19.30M.
- Total ELA debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- ELA profit margin has gone down from 8.6% to 4.2% in the past year.
- ELA has a relatively high debt to equity ratio of 0.52.
ELA Technical Indicators
How are ELA Revenues/Earnings doing?
Last year, ELA earnings were $7.15M. Over the past 5 year, ELA's earnings have grown by 68.29% per year. This was faster than the Luxury Goods industry average of 20.7%.
Last year, ELA revenue was $171.67M. During the past five year, ELA's revenue has gone up by 26% per year. This was faster than the Luxury Goods industry average of 5.29%.
Dig into ELA's earnings and revenue performance here.
Are ELA executives and large shareholders buying or selling the stock?
In the last year, insiders at ELA have bought more shares than they have sold.
Allison M. Destefano, Director of ELA, was the latest ELA insider to buy. They bought $1,700.00 worth of ELA shares on Nov 29, 2023.
Dig into more about who owns ELA stock here.
Does ELA provide a stable income stream?
No, Envela doesn't provide an income stream by paying out dividends.
What do other traders have to say about ELA?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your ELA buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you require more help investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your investment in ELA
Now that you own some shares in ELA, you'll want to keep up with your investment.
Make a watchlist to track the latest developments regarding your ELA stock.
ELA Feed
How to Buy Stock in Envela
To reiterate, here are the 6 steps to buy Envela stock:
- Choose where to buy Envela stock
- Open your brokerage account
- Fund your investment account
- Analyze Envela stock
- Execute your ELA buy order
- Get updates on your investment in ELA
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Envela, click the button below.
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