Equities researchers at StockNews.com began coverage on shares of Eltek (NASDAQ:ELTK – Get Rating) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the technology company’s stock.
NASDAQ:ELTK opened at $3.89 on Wednesday. The company’s 50-day moving average price is $4.05 and its 200-day moving average price is $4.00. The company has a current ratio of 2.35, a quick ratio of 1.81 and a debt-to-equity ratio of 0.17. The company has a market cap of $22.76 million, a P/E ratio of 4.32 and a beta of -2.10. Eltek has a twelve month low of $3.52 and a twelve month high of $7.35.
Eltek (NASDAQ:ELTK – Get Rating) last posted its quarterly earnings results on Wednesday, May 18th. The technology company reported $0.11 earnings per share for the quarter. The firm had revenue of $9.76 million for the quarter. Eltek had a net margin of 14.48% and a return on equity of 27.98%.
About Eltek (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 boards. It also offers high density interconnect, flex-rigid, and multi-layered boards.
- Get a free copy of the StockNews.com research report on Eltek (ELTK)
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