ELOG’s Lock-Up Period To End on February 24th (NASDAQ:ELOG)

ELOG’s (NASDAQ:ELOG) lock-up period will end on Tuesday, February 24th. ELOG had issued 1,600,000 shares in its initial public offering on August 28th. The total size of the offering was $6,400,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Analyst Ratings Changes

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

ELOG Trading Up 11.0%

ELOG opened at $1.11 on Tuesday. ELOG has a 1 year low of $0.85 and a 1 year high of $3.60.

ELOG (NASDAQ:ELOG) last posted its quarterly earnings data on Thursday, December 11th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $13.60 million for the quarter.

ELOG Company Profile

Eastern International Ltd. is a provider of domestic and cross-border professional logistic services including project logistic and general logistic. Eastern International Ltd. is based in Hangzhou, China.