Eltek (ELTK) Getting Somewhat Positive News Coverage, Study Finds
Headlines about Eltek (NASDAQ:ELTK) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Eltek earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.1393556430906 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Eltek traded down $0.28, reaching $3.79, during trading on Thursday, Marketbeat.com reports. 100 shares of the company were exchanged, compared to its average volume of 21,412. Eltek has a twelve month low of $2.65 and a twelve month high of $8.95. The company has a current ratio of 0.75, a quick ratio of 0.53 and a debt-to-equity ratio of 0.11.
Eltek (NASDAQ:ELTK) last released its quarterly earnings data on Monday, April 30th. The technology company reported ($0.33) earnings per share (EPS) for the quarter. The company had revenue of $9.09 million for the quarter. Eltek had a negative return on equity of 79.41% and a negative net margin of 11.53%.
Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, and Asia. It provides a range of custom designed PCBs, such as rigid, double-sided, and multi-layer PCBs; and flexible circuitry, including flex and flex rigid boards. The company serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and other industries.
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