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

ETS’s (NASDAQ:ETS) lock-up period is set to expire on Tuesday, February 17th. ETS had issued 3,800,000 shares in its public offering on August 21st. The total size of the offering was $15,200,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Analysts Set New Price Targets

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

ETS Stock Performance

NASDAQ:ETS opened at $0.49 on Tuesday. ETS has a 12-month low of $0.48 and a 12-month 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.