Eltek Ltd (NASDAQ: ELTK) stock suffered a major decline of -23.2% on 3/11/25. The shares closed at $8.38. Moreover, exceptionally high trading volume at 1205% of normal accompanied the decline. The stock has declined -25.2% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Eltek has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Eltek has a slightly negative Appreciation Score of 34 but a good Power Rating of 72, triggering the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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