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Envela Corporation (ELA) Hit a 52 Week High, Can the Run Continue?
Envela Envela (US:ELA) ZACKSยท2025-11-11 15:16

Have you been paying attention to shares of Envela Corporation (ELA) ? Shares have been on the move with the stock up 44.3% over the past month. The stock hit a new 52-week high of $11.29 in the previous session. Envela has gained 56.6% since the start of the year compared to the 8.8% move for the Zacks Retail-Wholesale sector and the 17.9% return for the Zacks Retail - Jewelry industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed o ...