Eltek (NASDAQ:ELTK – Get Free Report) will likely be posting its quarterly earnings results before the market opens on Tuesday, March 11th. Analysts expect Eltek to post earnings of $0.24 per share and revenue of $13.40 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
Eltek Stock Performance
ELTK stock opened at $11.36 on Monday. Eltek has a fifty-two week low of $9.00 and a fifty-two week high of $14.04. The business’s 50 day moving average price is $11.24 and its two-hundred day moving average price is $10.96. The company has a market capitalization of $68.91 million, a price-to-earnings ratio of 13.36 and a beta of 0.36.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on Eltek in a report on Wednesday, March 5th. They set a “hold” rating on the stock.
About Eltek
Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. It offers a range of custom designed PCBs, including rigid, double-sided and multi-layer PCBs, and flexible circuitry boards. The company also provides high density interconnect, flex-rigid, and multi-layered boards.
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