Eltek Stock Forecast, Price & News

Wall Street analysts have given Eltek a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Eltek wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Eltek saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 13,200 shares, an increase of 325.8% from the June 30th total of 3,100 shares. Based on an average daily trading volume, of 127,200 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.9% of the shares of the company are short sold.
View Eltek's Short Interest.

Eltek is scheduled to release its next quarterly earnings announcement on Wednesday, August 11th 2021.
View our earnings forecast for Eltek.

Eltek Ltd. (NASDAQ:ELTK) released its earnings results on Thursday, May, 20th. The technology company reported $0.04 earnings per share (EPS) for the quarter. The technology company earned $7.21 million during the quarter. Eltek had a trailing twelve-month return on equity of 19.90% and a net margin of 6.59%.
View Eltek's earnings history.

Eltek's stock was trading at $2.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ELTK shares have increased by 136.8% and is now trading at $6.63.
View which stocks have been most impacted by COVID-19.

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

Some companies that are related to Eltek include Jabil (JBL), Plexus (PLXS), Sanmina (SANM), Nano Dimension (NNDM), TTM Technologies (TTMI), Celestica (CLS), CTS (CTS), Benchmark Electronics (BHE), Kimball Electronics (KE), IEC Electronics (IEC), Key Tronic (KTCC) and SigmaTron International (SGMA).
View all of ELTK's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eltek investors own include Inovio Pharmaceuticals (INO), Allena Pharmaceuticals (ALNA), (CGC), Energy Transfer (ET), Nokia (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."

Shares of ELTK 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 $6.63.

Eltek has a market capitalization of $38.72 million and generates $36.71 million in revenue each year.

Eltek employs 288 workers across the globe.

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

Eltek is headquartered at 20 BEN ZION GELIS STREET SGOOLA INDUSTRIAL ZONE, PETACH TIKVA L3, 4927920.

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 (723) 939-5025 or via email at [email protected]