Eltek (NASDAQ:ELTK) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Eltek (NASDAQ:ELTKGet Rating) in a report released on Monday morning. The firm issued a hold rating on the technology company’s stock.

Eltek Stock Performance

Shares of NASDAQ ELTK opened at $3.96 on Monday. The company has a current ratio of 2.35, a quick ratio of 1.88 and a debt-to-equity ratio of 0.14. The stock has a 50 day simple moving average of $3.73 and a 200-day simple moving average of $3.93. The company has a market cap of $23.17 million, a PE ratio of 3.74 and a beta of -1.43. Eltek has a 12-month low of $3.52 and a 12-month high of $4.80.

Eltek Company Profile

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Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs, and flexible circuitry boards. It also offers high density interconnect, flex-rigid, and multi-layered boards.

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