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Elekta (OTCMKTS:EKTAY) Stock Price Down 1% - Here's What Happened

Elekta logo with Medical background

Elekta AB (OTCMKTS:EKTAY - Get Free Report)'s share price traded down 1% during trading on Thursday . The company traded as low as $4.91 and last traded at $4.91. 2,585 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 7,817 shares. The stock had previously closed at $4.96.

Analyst Upgrades and Downgrades

Separately, Danske cut Elekta to a "hold" rating in a report on Tuesday, June 3rd.

Check Out Our Latest Report on EKTAY

Elekta Trading Up 0.9%

The stock has a market cap of $1.90 billion, a PE ratio of 99.12 and a beta of 1.22. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.86 and a current ratio of 1.09. The stock has a fifty day moving average price of $5.10 and a 200 day moving average price of $5.40.

Elekta (OTCMKTS:EKTAY - Get Free Report) last announced its earnings results on Wednesday, May 28th. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.02). Elekta had a return on equity of 11.55% and a net margin of 1.15%. The company had revenue of $503.22 million during the quarter, compared to analysts' expectations of $507.19 million. Equities analysts expect that Elekta AB will post 0.36 EPS for the current year.

About Elekta

(Get Free Report)

Elekta AB (publ), a medical technology company, provides clinical solutions for treating cancer and brain disorders worldwide. The company offers Versa HD, a brain metastases solution; Elekta Unity for real-time MR visualization; Elekta Harmony, a linear accelerator; Elekta Infinity for treating a range of patients with simple-to-complex radiotherapy needs; Elekta Synergy, a digital accelerator for image guided radiation therapy; treatment and workflow management solutions; radiation and medical oncology; and other patient services.

Further Reading

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