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How to Buy Eltek Stock

Eltek Ltd

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally.

Eltek stock last closed at $10.48, down 0.95% from the previous day, and has increased 144.86% in one year. It has overperformed other stocks in the Electronic Components industry by 1.37 percentage points. Eltek stock is currently +172.92% from its 52-week low of $3.84, and -54.04% from its 52-week high of $22.80.

At the moment, there are 6.02M ELTK shares outstanding. The market value of ELTK is $63.10M. In the last 24 hours, 197,606 ELTK shares were traded.

How to Buy Eltek Stock

Not sure how to invest in Eltek stock? Here's how.
  1. Decide where to buy Eltek stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Eltek stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your method of payment and add your details.
  4. Evaluate Eltek stock: The Eltek ticker symbol is ELTK. Is Eltek stock a good investment? Should you buy shares of ELTK? How do ELTK's underlying business fundamentals look? Do top analysts think Eltek is a good buy? Why has ELTK's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if ELTK is a good stock to buy).
  5. Make your ELTK buy order: Decide if you will purchase ELTK shares at the current market price or use a limit order to purchase ELTK shares at a particular price.
  6. Get the latest news on your investment in ELTK: Create a watchlist to the latest updates on your position in Eltek shares.

Step 1: Decide where to buy Eltek stock

You will need a brokerage account in order to access the NASDAQ market and buy ELTK shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected your brokerage, you need to fill out some personal details so you are able to invest in ELTK stock today.

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  2. Enter your personal details to open a new brokerage account.
  1. Submit your details by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've opened your account on the stocks app, you need to deposit funds:

Check out the walkthrough below for more details transferring funds into your new brokerage account.

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Step 4: Evaluate Eltek stock

Once you have identified the best place to buy Eltek stock, it's important to analyze their stock before you buy, so you actually wrap your head around the risk as well as the upside.

Eltek Metrics

ELTK Price
$10.48
1w %
-1.69%
1y %
144.86%
5y %
488.76%
P/E
9.7x
P/B
2.35x
P/S
1.32x
PEG
0.59x
Revenue
$46.70M
Earnings
$6.35M
Fore. Rev. Growth
14.1%
Fore. Earn. Growth
N/A
Market Cap
$63.10M
Next Earnings
May 16, 2024
Next Dividend
N/A

ELTK Due Diligence Checks

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.

You can view all of the due diligence checks on ELTK's stock page.

Is ELTK stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge ELTK's fair value.

Using relative valuations measures:

  • ELTK could be undervalued based on its P/E ratio of 9.7x, relative to Electronic Components industry P/E ratio of 26.59x
  • ELTK may be undervalued based on its P/B ratio of 2.35x, relative to Electronic Components industry P/B ratio of 3.44x
  • ELTK may be undervalued based on its PEG ratio of 0.59x

You can access additional valuation analysis on ELTK's stock here.

ELTK Financials at a glance

Pros:

  • ELTK profit margin has gone up from 8.1% to 13.6% in the past year.
  • There are more short-term assets than short-term liabilities on the ELTK balance sheet.
  • Total ELTK debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the ELTK balance sheet.
  • ELTK earnings of $7.30M is not sufficient to cover its interest payments.
  • ELTK's operating cash flow of $8.86M allows it to safely service it's debt of $6.66M.

Cons:

  • ELTK has a relatively high debt to equity ratio of 0.76.

You can dig deeper into what analysts are forecasting on the Eltek stock forecast page.

ELTK Technicals

SMA10
11.81
SMA20
12.75
SMA50
15.49
SMA100
13.97
SMA200
11.52
MACD
-1.46
MACD Signal
-1.21
MACD Histogram
-0.25
RSI
32.07
Stochastic %K
11.53
Stochastic %D
9.57
StochRSI %K
6.32
StochRSI %D
3.51

Is ELTK Growing Revenue?

Last year, ELTK earnings were $6.35M. During the past four year, ELTK's earnings have grown by 22.47% per year. This was faster than the Electronic Components industry average of 12.86%.

Last year, ELTK revenue was $46.70M. In the past five year, ELTK's revenue has gone up by 6.59% per year. This was faster than the Electronic Components industry average of 6.26%.

Dive into ELTK's earnings and revenue performance here.

Who is buying/selling ELTK?

Over the last 12 months, executives and large shareholders at ELTK have not bought or sold any shares.

Get more info about who owns ELTK shares here.

Does ELTK stock generate passive income?

Eltek pays a dividend of 2.1%, compared to the Electronic Components industry's average dividend yield of 2.11%. If you owned $1,000 worth of ELTK stock, you would have been paid $20.99 in the past year.

Get more analysis about Eltek dividend yield and history here.

What do other investors have to say about ELTK?

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Make your ELTK buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, place a limit order.

Click the Open button and eToro will place your order.

If you need more help investing in stocks on eToro, watch the helpful video below:

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Step 6: Get the latest news on your investment in ELTK

Now that you own some ELTK shares, you'll want to stay up-to-date on your new investment.

Add ELTK to a watchlist to track the most important metrics related to your ELTK stock.

ELTK Feed

How to Buy Stock in Eltek

To reiterate, here are the 6 steps to buy Eltek stock:

  1. Decide where to buy Eltek stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Eltek stock
  5. Make your ELTK buy order
  6. Get the latest news on your investment in ELTK

If you are looking for a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in Eltek, get started below.

NASDAQ: ELTK
$10.48-0.10 (-0.95%)
Updated Mar 18, 2024
Open eToro Account
NASDAQ: ELTK
$10.48-0.10 (-0.95%)
Updated Mar 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Eltek share?

As of Mar 18, 2024, it costs $10.48 to buy one share of Eltek stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.477 shares of ELTK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Eltek stock?

One way to place an order for Eltek stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.