ETS’s Lock-Up Period Set To End on February 17th (NASDAQ:ETS)

ETS’s (NASDAQ:ETS) lock-up period will end on Tuesday, February 17th. ETS had issued 3,800,000 shares in its IPO on August 21st. The total size of the offering was $15,200,000 based on an initial share price of $4.00. After the expiration of ETS’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on ETS in a research report on Wednesday, January 14th. They issued a “sell (e-)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

ETS Price Performance

Shares of ETS stock opened at $0.49 on Tuesday. ETS has a 1 year low of $0.48 and a 1 year high of $4.23.

ETS Company Profile

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.