Ellie Mae Reaches New 52-Week High (ELLI)
NEW YORK (TheStreet) -- Ellie Mae (NYSE:ELLI) hit a new 52-week high Tuesday as it is currently trading at $17.52, above its previous 52-week high of $17.39 with 215,483 shares traded as of 11 a.m. ET. Average volume has been 169,800 shares over the past 30 days. Ellie Mae has a market cap of $350.8 million and is part of the technology sector and computer software & services industry. Shares are up 187.4% year to date as of the close of trading on Monday. Ellie Mae, Inc., together with its subsidiaries, provides business automation software for the mortgage industry in the United States. The company has a P/E ratio of 29, below the average computer software & services industry P/E ratio of 42.7 and above the S&P 500 P/E ratio of 17.7.
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