StockNews.com assumed coverage on shares of Eltek (NASDAQ:ELTK – Free Report) in a report published on Wednesday. The brokerage issued a hold rating on the technology company’s stock.
Eltek Price Performance
NASDAQ ELTK opened at $8.53 on Wednesday. The business’s 50-day simple moving average is $8.92 and its 200-day simple moving average is $10.30. The firm has a market capitalization of $57.27 million, a P/E ratio of 10.04 and a beta of 0.58. Eltek has a 1-year low of $7.65 and a 1-year high of $12.47.
Eltek Announces Dividend
The firm also recently declared a — dividend, which was paid on Tuesday, April 29th. Investors of record on Tuesday, April 22nd were given a dividend of $0.19 per share. The ex-dividend date was Tuesday, April 22nd. Eltek’s dividend payout ratio (DPR) is 30.16%.
Institutional Inflows and Outflows
Eltek Company Profile
Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. It offers a range of custom designed PCBs, including rigid, double-sided and multi-layer PCBs, and flexible circuitry boards. The company also provides high density interconnect, flex-rigid, and multi-layered boards.
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