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Eltek (NASDAQ:ELTK) Posts Quarterly Earnings Results

Eltek logo with Computer and Technology background

Eltek (NASDAQ:ELTK - Get Free Report) announced its quarterly earnings data on Tuesday. The technology company reported $0.15 earnings per share (EPS) for the quarter, Zacks reports. Eltek had a net margin of 11.51% and a return on equity of 15.49%.

Eltek Price Performance

ELTK opened at $9.93 on Tuesday. The stock's 50 day simple moving average is $8.81 and its 200 day simple moving average is $10.28. The firm has a market cap of $66.67 million, a price-to-earnings ratio of 11.68 and a beta of 0.57. Eltek has a 1 year low of $7.65 and a 1 year high of $12.47.

Eltek Announces Dividend

The business also recently announced a -- dividend, which was paid on Tuesday, April 29th. Investors of record on Tuesday, April 22nd were issued a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, April 22nd. Eltek's dividend payout ratio is presently 30.16%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Eltek in a research note on Friday. They issued a "hold" rating for the company.

Get Our Latest Analysis on ELTK

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.

Further Reading

Earnings History for Eltek (NASDAQ:ELTK)

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