Shares of Eltek Ltd. (NASDAQ:ELTK – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $10.54 and traded as high as $11.00. Eltek shares last traded at $11.00, with a volume of 19,529 shares.
Eltek Price Performance
The stock has a market cap of $66.77 million, a P/E ratio of 11.46 and a beta of 0.45. The business’s fifty day moving average price is $10.69 and its 200 day moving average price is $10.54.
Eltek (NASDAQ:ELTK – Get Free Report) last posted its earnings results on Thursday, August 15th. The technology company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.14). The company had revenue of $10.47 million during the quarter, compared to the consensus estimate of $11.90 million. Eltek had a return on equity of 18.75% and a net margin of 12.85%. During the same period last year, the company posted $0.22 EPS. On average, analysts predict that Eltek Ltd. will post 1.02 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
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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