Eltek (NASDAQ:ELTK) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Posted by Defense World Staff on Dec 16th, 2025

Eltek Ltd. (NASDAQ:ELTK – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.32 and traded as low as $9.01. Eltek shares last traded at $9.04, with a volume of 2,914 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Eltek in a research note on Monday, December 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Eltek currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on Eltek

Eltek Price Performance

The company has a market cap of $60.75 million, a PE ratio of 53.18 and a beta of 0.65. The firm has a 50-day simple moving average of $10.30 and a two-hundred day simple moving average of $10.32.

Eltek (NASDAQ:ELTK – Get Free Report) last posted its quarterly earnings data on Tuesday, November 18th. The technology company reported ($0.03) EPS for the quarter. Eltek had a net margin of 2.35% and a return on equity of 2.68%. The company had revenue of $13.27 million for the quarter. Equities research analysts forecast that Eltek Ltd. will post 0.87 EPS for the current year.

Hedge Funds Weigh In On Eltek

A hedge fund recently bought a new stake in Eltek stock. CSM Advisors LLC purchased a new stake in Eltek Ltd. (NASDAQ:ELTK – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 96,209 shares of the technology company’s stock, valued at approximately $1,030,000. CSM Advisors LLC owned about 1.43% of Eltek as of its most recent filing with the SEC. Institutional investors own 64.58% of the company’s stock.

About Eltek

(Get Free Report)

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. It offers a range of custom designed PCBs, including rigid, double-sided and multi-layer PCBs, and flexible circuitry boards. The company also provides high density interconnect, flex-rigid, and multi-layered boards.