Renaissance Technologies LLC Sells 17,500 Shares of Envela Co. (NYSEAMERICAN:ELA)

Renaissance Technologies LLC lowered its stake in shares of Envela Co. (NYSEAMERICAN:ELA) by 9.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 165,604 shares of the company’s stock after selling 17,500 shares during the quarter. Renaissance Technologies LLC owned approximately 0.64% of Envela worth $1,189,000 as of its most recent SEC filing.

Separately, Barclays PLC grew its holdings in shares of Envela by 113.7% during the third quarter. Barclays PLC now owns 5,025 shares of the company’s stock worth $28,000 after purchasing an additional 2,674 shares in the last quarter. 8.15% of the stock is currently owned by institutional investors and hedge funds.

Envela Stock Performance

NYSEAMERICAN ELA opened at $6.79 on Wednesday. Envela Co. has a twelve month low of $4.20 and a twelve month high of $7.88. The company has a current ratio of 4.76, a quick ratio of 2.08 and a debt-to-equity ratio of 0.25. The stock has a market cap of $176.54 million, a price-to-earnings ratio of 28.29 and a beta of 0.35.

Envela Profile

Envela Corporation, together with its subsidiaries, operates in the re-commerce sector in the United States. The company operates through two segments, Commercial-Services and Direct-To-Consumer. It provides end-of-life asset recycling; data destruction and IT asset management; and products, services, and solutions to industrial and commercial companies, as well as operates as a re-commerce retailers of luxury hard assets.