StockNews.com began coverage on shares of Eltek (NASDAQ:ELTK – Get Rating) in a research report issued to clients and investors on Tuesday. The firm set a “hold” rating on the technology company’s stock.
Shares of Eltek stock opened at $4.17 on Tuesday. The business has a 50-day moving average of $3.94 and a 200-day moving average of $4.40. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.44 and a quick ratio of 1.91. The company has a market capitalization of $24.41 million, a PE ratio of 5.03 and a beta of -2.32. Eltek has a 1-year low of $3.52 and a 1-year high of $8.80.
Eltek (NASDAQ:ELTK – Get Rating) last announced its earnings results on Wednesday, March 23rd. The technology company reported $0.65 earnings per share for the quarter. The company had revenue of $9.52 million during the quarter. Eltek had a return on equity of 28.19% and a net margin of 14.36%.
Eltek Company Profile (Get Rating)
Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs; and flexible circuitry, such as flex and flex-rigid boards.
- Get a free copy of the StockNews.com research report on Eltek (ELTK)
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