Elekta AB (publ) (OTCMKTS:EKTAY) Plans Dividend of $0.11

Elekta AB (publ) (OTCMKTS:EKTAY) announced a dividend on Tuesday, January 14th, NASDAQ Dividends reports. Shareholders of record on Friday, March 7th will be paid a dividend of 0.1072 per share on Thursday, March 27th. The ex-dividend date of this dividend is Friday, March 7th.

Elekta AB (publ) Stock Performance

Shares of Elekta AB (publ) stock traded up $0.21 on Wednesday, reaching $5.75. 1,270 shares of the company traded hands, compared to its average volume of 9,015. Elekta AB has a 52 week low of $5.25 and a 52 week high of $8.24. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.05 and a quick ratio of 0.81. The company has a 50 day moving average of $5.73 and a 200 day moving average of $6.05. The firm has a market capitalization of $2.21 billion, a PE ratio of 23.00 and a beta of 1.25.

Elekta AB (publ) (OTCMKTS:EKTAY) last released its quarterly earnings data on Friday, February 21st. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The business had revenue of $416.86 million during the quarter, compared to analysts’ expectations of $435.89 million. Elekta AB (publ) had a return on equity of 11.07% and a net margin of 5.65%. Equities analysts forecast that Elekta AB will post 0.36 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded Elekta AB (publ) from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 29th.

Elekta AB (publ) Company Profile

Elekta AB (publ), a medical technology company, provides clinical solutions for treating cancer and brain disorders worldwide. The company offers Versa HD, a brain metastases solution; Elekta Unity for real-time MR visualization; Elekta Harmony, a linear accelerator; Elekta Infinity for treating a range of patients with simple-to-complex radiotherapy needs; Elekta Synergy, a digital accelerator for image guided radiation therapy; treatment and workflow management solutions; radiation and medical oncology; and other patient services.