Eltek (NASDAQ:ELTK) Receives Media Sentiment Rating of 0.31

News headlines about Eltek (NASDAQ:ELTK) have trended positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Eltek earned a coverage optimism score of 0.31 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the immediate future.

Shares of Eltek (NASDAQ ELTK) traded down 4.0704% on Friday, hitting $0.6811. 1,360 shares of the stock traded hands. The firm’s market cap is $6.91 million. The firm has a 50 day moving average price of $0.65 and a 200 day moving average price of $0.74. Eltek has a 52-week low of $0.55 and a 52-week high of $1.43.

Eltek (NASDAQ:ELTK) last released its earnings results on Wednesday, May 17th. The technology company reported ($0.08) earnings per share for the quarter. The company had revenue of $8.47 million for the quarter. Eltek had a negative net margin of 11.35% and a negative return on equity of 33.00%.

Separately, ValuEngine cut shares of Eltek from a “hold” rating to a “sell” rating in a report on Tuesday.

COPYRIGHT VIOLATION NOTICE: This article was originally published by Markets Daily and is the property of of Markets Daily. If you are reading this article on another publication, it was illegally stolen and republished in violation of United States & international copyright and trademark law. The correct version of this article can be read at https://www.themarketsdaily.com/2017/07/14/eltek-nasdaqeltk-receives-media-sentiment-rating-of-0-31.html.

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.

Insider Buying and Selling by Quarter for Eltek (NASDAQ:ELTK)

Receive News & Ratings for Eltek Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eltek Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply