Preview Of Eltek Ltd. ($ELTK) 3Q20 Earnings

77

Eltek Ltd. (NASDAQ:ELTK) is expected to report third quarter earnings results, before market open, on Wednesday 18th November 2020.

Previous Quarter Performance

Eltek Ltd. unwinded income for the second quarter of $ 0.16 per share, from the revenue of $ 8.79 million.

Stock Performance

Shares of Eltek Ltd. traded up $ 0.20 or 4.48 percent on Tuesday, reaching $ 4.66 with volume of 109.80 thousand shares. Eltek Ltd. has traded high as $ 4.90 and has cracked $ 4.39 on the downward trend

According to the previous trading day, closing price of $ 4.66, representing a 95.61 % increase from the 52 week low of $ 2.28 and a 35.64 % decrease over the 52 week high of $ 6.93.

The company has a market capital of $ 20.41 million and is part of the Technology sector and Contract Manufacturers industry.

Conference Call

Eltek Ltd. will be hosting a conference call at 8:30 AM eastern time on 18th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.nisteceltek.com

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