Eltek (NASDAQ:ELTK - Get Free Report) announced its quarterly earnings results on Thursday. The technology company reported $0.05 EPS for the quarter, Zacks reports. Eltek had a return on equity of 7.56% and a net margin of 6.26%. The company had revenue of $12.53 million during the quarter.
Eltek Stock Performance
ELTK stock traded down $0.18 on Friday, reaching $10.18. The company's stock had a trading volume of 8,187 shares, compared to its average volume of 8,972. The business has a fifty day simple moving average of $10.30 and a two-hundred day simple moving average of $9.94. Eltek has a 12-month low of $7.65 and a 12-month high of $12.19. The firm has a market cap of $68.31 million, a PE ratio of 22.62 and a beta of 0.61.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen began coverage on Eltek in a research note on Friday, May 16th. They issued a "hold" rating for the company.
Read Our Latest Report on Eltek
Eltek Company Profile
(
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.
See Also
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