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 $11.10, up 2.87% from the previous day, and has increased 181.73% in one year. It has overperformed other stocks in the Electronic Components industry by 1.7 percentage points. Eltek stock is currently +184.62% from its 52-week low of $3.90, and -51.32% from its 52-week high of $22.80.
At the moment, there are 6.02M ELTK shares outstanding. The market value of ELTK is $66.83M. In the last 24 hours, 8229 ELTK shares were traded.
How to Buy Eltek Stock
Not sure how to invest in Eltek stock? Here's how.
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.
Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Deposit money your brokerage account: Choose your method of payment and add your details.
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).
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.
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.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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
$11.10
1w %
2.21%
1y %
181.73%
5y %
644.97%
P/E
10.28x
P/B
2.49x
P/S
1.43x
PEG
0.63x
Revenue
$46.70M
Earnings
$6.35M
Fore. Rev. Growth
8.83%
Fore. Earn. Growth
N/A
Market Cap
$66.83M
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.
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
10.56
SMA20
10.6
SMA50
11.99
SMA100
13.87
SMA200
11.63
MACD
-0.31
MACD Signal
-0.53
MACD Histogram
0.21
RSI
50.22
Stochastic %K
74.63
Stochastic %D
75.19
StochRSI %K
82.17
StochRSI %D
81.94
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 13.64%.
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 6.2%.
Eltek pays a dividend of 1.98%, compared to the Electronic Components industry's average dividend yield of 2.03%. If you owned $1,000 worth of ELTK stock, you would have been paid $19.82 in the past year.
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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:
As of Apr 24, 2024, it costs $11.10 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 0.45 shares of ELTK.
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.