Eltek (ELTK) Earning Somewhat Positive News Coverage, Study Shows
News articles about Eltek (NASDAQ:ELTK) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Eltek earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 46.1355487520101 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Eltek (ELTK) remained flat at $0.65 during trading on Friday. 100 shares of the company were exchanged. Eltek has a 1-year low of $0.55 and a 1-year high of $1.45. The firm’s market cap is $6.59 million. The company has a 50 day moving average of $0.69 and a 200 day moving average of $0.70.
Eltek (NASDAQ:ELTK) last issued its quarterly earnings results on Monday, August 14th. The technology company reported ($0.11) EPS for the quarter. The business had revenue of $7.49 million for the quarter. Eltek had a negative return on equity of 57.22% and a negative net margin of 16.07%.
Separately, ValuEngine downgraded Eltek from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th.
COPYRIGHT VIOLATION WARNING: “Eltek (ELTK) Earning Somewhat Positive News Coverage, Study Shows” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this piece can be read at https://www.thecerbatgem.com/2017/08/27/eltek-eltk-earning-somewhat-positive-news-coverage-study-shows.html.
Eltek Company Profile
Eltek Ltd. manufactures, markets and sells custom made printed circuit boards (PCBs), including high density interconnect (HDI), flex-rigid and rigid, with high layer count boards. The Company manufactures and supplies custom made circuitry solutions for use in compact electronic products. The Company’s principal customers include manufacturers of defense and aerospace, medical, industrial, telecom and networking equipment, as well as contract electronic manufacturers.
Receive News & Stock Ratings for Eltek Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eltek Ltd. and related stocks with our FREE daily email newsletter.