Eltek - ELTK Stock Forecast, Price & News

Eltek's stock was trading at $3.72 on January 1st, 2022. Since then, ELTK stock has increased by 9.9% and is now trading at $4.09.
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Eltek saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,600 shares, an increase of 1,500.0% from the October 31st total of 100 shares. Based on an average daily trading volume, of 6,300 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company's stock are sold short.
View Eltek's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 22nd 2023.
View our ELTK earnings forecast.

Eltek Ltd. (NASDAQ:ELTK) issued its earnings results on Wednesday, August, 10th. The technology company reported $0.10 EPS for the quarter. The technology company earned $9.90 million during the quarter, compared to analyst estimates of $10.40 million. Eltek had a net margin of 16.09% and a trailing twelve-month return on equity of 29.72%.

Eltek declared a Not Available dividend on Wednesday, November 23rd. Stockholders of record on Monday, December 12th will be given a dividend of $0.17 per share on Monday, December 19th. The ex-dividend date is Friday, December 9th.
Read our dividend analysis for ELTK.

Eltek's stock reverse split on the morning of Wednesday, November 22nd 2017. The 1-5 reverse split was announced on Wednesday, November 15th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, November 21st 2017. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eltek investors own include Inovio Pharmaceuticals (INO), Allena Pharmaceuticals (ALNA), Energy Transfer (ET), Nokia Oyj (NOK), Pfizer (PFE), Plug Power (PLUG), AbbVie (ABBV), Actinium Pharmaceuticals (ATNM) and Cara Therapeutics (CARA).

Eltek trades on the NASDAQ under the ticker symbol "ELTK."

Eltek's stock is owned by many different institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (1.26%).

Shares of ELTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ELTK stock can currently be purchased for approximately $4.09.

Eltek (NASDAQ:ELTK) has a market capitalization of $23.93 million and generates $33.82 million in revenue each year. The technology company earns $5.04 million in net income (profit) each year or $1.06 on an earnings per share basis.

The company employs 264 workers across the globe.

Eltek's mailing address is 20 BEN ZION GELIS STREET SGOOLA INDUSTRIAL ZONE, PETACH TIKVA L3, 4927920. The official website for the company is www.nisteceltek.com. The technology company can be reached via phone at (723) 939-5025, via email at cntf@globalirpartners.com, or via fax at 972-3934-2584.