Eltek Ltd. (ELTK) Scheduled to Post Quarterly Earnings on Tuesday
Eltek (NASDAQ:ELTK) last posted its earnings results on Monday, August 14th. The technology company reported ($0.11) EPS for the quarter. The business had revenue of $7.49 million during the quarter. Eltek had a negative return on equity of 57.22% and a negative net margin of 16.07%.
Shares of Eltek Ltd. (NASDAQ ELTK) opened at $0.66 on Friday. Eltek Ltd. has a fifty-two week low of $0.55 and a fifty-two week high of $1.45. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.53 and a current ratio of 0.84.
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Separately, ValuEngine raised Eltek from a “sell” rating to a “hold” rating in a report on Friday, September 1st.
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.
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