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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 $4.48, down 3.45% from the previous day, and has decreased 41.89% in one year. It has underperformed other stocks in the Luxury Goods industry by 0.43 percentage points. Envela stock is currently +48.34% from its 52-week low of $3.02, and -43.79% from its 52-week high of $7.97.

There are currently 26.28M shares of ELA outstanding. The market capitalization of ELA is $117.72M. In the past 24 hours, 39,856 ELA shares were traded.

How to Buy Envela Stock

Not sure how to invest in Envela stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Choose your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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 Price
$4.48
1w %
-8.94%
1y %
-41.89%
5y %
282.91%
P/E
18.67x
P/B
2.39x
P/S
0.73x
PEG
0.4x
Revenue
$163.14M
Earnings
$6.53M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$117.72M
Next Earnings
Jul 31, 2024
Next Dividend
N/A

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 18.67x, relative to Luxury Goods industry P/E ratio of 3.96x
  • ELA could be undervalued based on its P/B ratio of 2.39x, relative to Luxury Goods industry P/B ratio of 2.53x
  • ELA may be undervalued based on its PEG ratio of 0.4x

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 $8.70M is not sufficient to cover its interest payments.
  • ELA's operating cash flow of $6.71M allows it to safely service it's debt of $18.55M.
  • 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 8.4% to 4% in the past year.
  • ELA has a relatively high debt to equity ratio of 0.52.

ELA Technical Indicators

SMA10
4.72
SMA20
4.65
SMA50
4.53
SMA100
4.49
SMA200
4.48
MACD
0.04
MACD Signal
0.06
MACD Histogram
-0.02
RSI
43.94
Stochastic %K
16.14
Stochastic %D
41.66
StochRSI %K
5.09
StochRSI %D
28.84

How are ELA Revenues/Earnings doing?

Last year, ELA earnings were $6.53M. Over the past 5 year, ELA's earnings have grown by 64.38% per year. This was faster than the Luxury Goods industry average of 28.89%.

Last year, ELA revenue was $163.14M. During the past five year, ELA's revenue has gone up by 23.84% per year. This was faster than the Luxury Goods industry average of 4.88%.

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.

John Garrett Deluca, CFO of ELA, was the latest ELA insider to buy. They bought $1,836.00 worth of ELA shares on May 30, 2024.

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.

Click below to see what other community members have to say.

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.

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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:

  1. Choose where to buy Envela stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Analyze Envela stock
  5. Execute your ELA buy order
  6. Get updates on your investment in ELA

If you need a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your new investment in Envela, click the button below.

NYSEMKT: ELA
$4.48-0.16 (-3.45%)
Updated Jun 18, 2024
Open eToro Account
NYSEMKT: ELA
$4.48-0.16 (-3.45%)
Updated Jun 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Envela share?

As of Jun 18, 2024, it costs $4.48 to buy one share of Envela stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.446 shares of ELA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Envela stock?

One way to place an order for Envela stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.