News articles about Eltek (NASDAQ:ELTK) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Eltek earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 45.8715261269809 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Eltek (NASDAQ ELTK) traded up $0.96 on Thursday, reaching $4.90. 515,200 shares of the company’s stock traded hands, compared to its average volume of 40,661. Eltek has a 12-month low of $2.65 and a 12-month high of $8.95. The company has a quick ratio of 0.53, a current ratio of 0.80 and a debt-to-equity ratio of 0.34.
Separately, ValuEngine raised shares of Eltek from a “sell” rating to a “hold” rating in a research note on Friday, September 1st.
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.
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