Eltek (ELTK) Getting Somewhat Positive Press Coverage, Accern Reports

Headlines about Eltek (NASDAQ:ELTK) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Eltek earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.1880673172788 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Eltek (NASDAQ:ELTK) traded up $0.02 during trading on Wednesday, hitting $3.36. The stock had a trading volume of 93,000 shares, compared to its average volume of 24,603. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.80 and a quick ratio of 0.53. Eltek has a 12 month low of $2.65 and a 12 month high of $8.95.

Separately, ValuEngine upgraded Eltek from a “sell” rating to a “hold” rating in a research note on Friday, September 1st.

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About Eltek

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.

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