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How to buy Eltek (ELTK) stocks in Canada
Learn how to easily invest in Eltek stocks.
Eltek is an electronic components business based in the US. Eltek stocks (ELTK.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $6.96 – a decrease of 3.15% over the previous week. Eltek employs 288 staff and has a trailing 12-month revenue of around $33.8 million.
How to buy shares in Eltek
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – ELTK – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Eltek?
- Has coronavirus impacted Eltek shares?
- Eltek shares summary
- Compare share dealing platforms
- Is Eltek stock a buy or sell?
- Eltek performance over time
- Are Eltek shares over-valued?
- Eltek's financials
- How volatile are Eltek shares?
- Does Eltek pay a dividend?
- Have Eltek shares ever split?
- Other common questions
Eltek stock price (NASDAQ:ELTK)Use our graph to track the performance of ELTK stocks over time.
Eltek shares at a glance
|Latest market close||$3.69|
|52-week range||$3.52 - $8.80|
|50-day moving average||$4.31|
|200-day moving average||$5.63|
|Wall St. target price||N/A|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.32|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Eltek stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Eltek price performance over time
|1 week (2022-01-21)||-3.15%|
|1 month (2021-12-29)||-0.54%|
|3 months (2021-10-29)||-32.42%|
|6 months (2021-07-29)||-44.34%|
|1 year (2021-01-29)||-31.28%|
|2 years (2020-01-29)||-9.56%|
|3 years (2019-01-29)||59.68%|
|5 years (2017-01-27)||329.07%|
Is Eltek under- or over-valued?
Valuing Eltek stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Eltek's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Eltek's P/E ratio
Eltek's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Eltek shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Eltek's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.9 million.
The EBITDA is a measure of a Eltek's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$33.8 million|
|Operating margin TTM||6.26%|
|Gross profit TTM||$7.7 million|
|Return on assets TTM||4.39%|
|Return on equity TTM||14.4%|
|Market capitalisation||$21.1 million|
TTM: trailing 12 months
Eltek share dividends
We're not expecting Eltek to pay a dividend over the next 12 months.
Have Eltek's shares ever split?
Eltek's shares were split on a 1:5 basis on 21 November 2017. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Eltek shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Eltek shares which in turn could have impacted Eltek's share price.
Eltek share price volatility
Over the last 12 months, Eltek's shares have ranged in value from as little as $3.52 up to $8.8. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Eltek's is -2.4901. This would suggest that Eltek's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Eltek has bucked the trend.
Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs; and flexible circuitry, such as flex and flex-rigid boards. It primarily serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and others. The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd. was founded in 1970 and is headquartered in Petach Tikva, Israel.
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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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