Envela Corporation, together with its subsidiaries, provides recommerce and recycling services in the United States. It operates in two segments, Consumer and Commercial. The company is involved in the online and brick-and-mortar sale of authenticated high-end luxury goods, including fine jewelry, diamonds and gemstones, luxury watches, and secondary market bullion. It also offers precious metal products. In addition, it provides end-of-life management of IT assets comprising data destruction, asset refurbishment, and remarketing; and detailed asset disposition data services. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas.
Research context
Envela Corporation appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Consumer Cyclical
- Industry
- Luxury Goods
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5 years, 6 months ago
From a valuation standpoint, the stock is 98.7% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 1.2.
Based on the above factors, Envela Corporation gets an overall score of 1/5.