Eltek Ltd. (ELTK) is priced at $6.00 after the most recent trading session. At the very opening of the session, the stock price was $7.46 and reached a high price of $8.12, prior to closing the session it reached the value of $8.10. The stock touched a low price of $7.21.
Recently in News on February 18, 2021, Eltek Announces Revenue Update for 2020 and Shortage of Pyralux AP, a Key Raw Material Used in the Production of Flexible and Flex-Rigid PCBs. Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, today provided an update regarding the Company’s revenues in the year ended December 31, 2020 and the impact the worldwide shortage of Pyralux AP, a key material produced by DuPont that is used in the production of flexible and flex–rigid printed circuit boards. You can read further details here
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Eltek Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $8.12 on 02/17/21, with the lowest value was $4.82 for the same time period, recorded on 01/04/21.
Eltek Ltd. (ELTK) full year performance was 102.50%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Eltek Ltd. shares are logging -26.11% during the 52-week period from high price, and 163.16% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.28 and $8.12.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 209852 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Eltek Ltd. (ELTK) recorded performance in the market was 61.03%, having the revenues showcasing 82.64% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 32.89M, as it employees total of 345 workers.
The Analysts eye on Eltek Ltd. (ELTK)
During the last month, 0 analysts gave the Eltek Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 5.09, with a change in the price was noted +2.05. In a similar fashion, Eltek Ltd. posted a movement of +43.77% for the period of last 100 days, recording 42,031 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ELTK is recording 0.19 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.17.
Technical rundown of Eltek Ltd. (ELTK)
Raw Stochastic average of Eltek Ltd. in the period of last 50 days is set at 61.84%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 51.76%. In the last 20 days, the company’s Stochastic %K was 83.33% and its Stochastic %D was recorded 90.01%.
Considering, the past performance of Eltek Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 61.03%. Additionally, trading for the stock in the period of the last six months notably improved by 66.67%, alongside a boost of 102.50% for the period of the last 12 months. The shares increased approximately by 24.04% in the 7-day charts and went down by 44.68% in the period of the last 30 days. Common stock shares were driven by 82.64% during last recorded quarter.