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. Since then, ELTK shares have increased by 40.4% and is now trading at $3.93. 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) released its quarterly earnings data on Monday, April, 27th. The technology company reported $0.08 earnings per share (EPS) for the quarter. The technology company had revenue of $8.58 million for 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.

Media headlines about ELTK stock have been trending negative this week, InfoTrie reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Eltek earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutEltek.

Eltek saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 7,900 shares, a drop of 45.9% from the April 30th total of 14,600 shares. Based on an average trading volume of 38,400 shares, the short-interest ratio is currently 0.2 days. Approximately 0.6% of the shares of the company are short sold. View Eltek's Current Options Chain.

Some companies that are related to Eltek include Flex (FLEX), Jabil (JBL), Plexus (PLXS), Sanmina (SANM), TTM Technologies (TTMI), Celestica (CLS), Benchmark Electronics (BHE), CTS (CTS), Kimball Electronics (KE), SMTC (SMTX), IEC Electronics (IEC), 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), NovaBay Pharmaceuticals (NBY), Ring Energy (REI), Ring Energy (REI), Actinium Pharmaceuticals (ATNM), Carnival (CCL) and Groupon (GRPN).

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

Eltek's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include GWM Advisors LLC (1.09%) and James Investment Research Inc. (1.09%).

ELTK stock was purchased by a variety of institutional investors in the last quarter, including GWM Advisors LLC, and James Investment Research Inc..

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 $3.93.

Eltek has a market capitalization of $7.98 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]