NASDAQ:ELTKEltek Stock Price, Forecast & News

Eltek's stock was trading at $2.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ELTK stock has increased by 56.1% and is now trading at $4.37. View which stocks have been most impacted by Coronavirus.

Eltek is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020. View our earnings forecast for Eltek.

Eltek Ltd. (NASDAQ:ELTK) announced its quarterly earnings results on Tuesday, June, 2nd. The technology company reported $0.12 earnings per share for the quarter. The technology company earned $9.16 million during the quarter. Eltek had a return on equity of 34.79% and a net margin of 5.94%. View Eltek's earnings history.

Eltek shares reverse split on 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 Eltek stock prior to the reverse split would have 20 shares after the split.

Headlines about ELTK stock have trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Eltek earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news about Eltek.

Eltek saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 9,600 shares, an increase of 3,100.0% from the June 15th total of 300 shares. Based on an average daily trading volume, of 43,500 shares, the short-interest ratio is presently 0.2 days. Currently, 0.7% of the shares of the company are sold short. View Eltek's Current Options Chain.

Some companies that are related to Eltek include Jabil (JBL), Flex (FLEX), Plexus (PLXS), Sanmina (SANM), TTM Technologies (TTMI), Celestica (CLS), Benchmark Electronics (BHE), CTS (CTS), Kimball Electronics (KE), IEC Electronics (IEC), SMTC (SMTX), SigmaTron International (SGMA) and NANO DIMENSION/S (NNDM). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eltek investors own include Canopy Growth (CGC), Corbus Pharmaceuticals (CRBP), Energy Transfer LP Unit (ET), NovaBay Pharmaceuticals (NBY), Ring Energy (REI), Ring Energy (REI), Actinium Pharmaceuticals (ATNM), Carnival (CCL), Groupon (GRPN) and Inovio Pharmaceuticals (INO).

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

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

One share of ELTK stock can currently be purchased for approximately $4.37.

Eltek has a market capitalization of $8.86 million and generates $34.79 million in revenue each year. Eltek employs 333 workers across the globe.

The official website for Eltek is www.nisteceltek.com.

Eltek's mailing address is 20 BEN ZION GELIS STREET SGOOLA INDUSTRIAL ZONE, PETACH TIKVA L3, 4927920. The technology company can be reached via phone at 972-3939-5025 or via email at [email protected]