Eltek Ltd
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Information Technology : Electronic Equipment, Instruments & Components | Small Cap Value
Based in Israel
Company profile

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. The Company designs and develops manufacturing solutions pursuant to interconnect requirements of original equipment manufacturers, and provides its customers with a range of custom designed PCBs, including rigid, double-sided and multi-layer PCBs, as well as flexible circuitry (flex and flex-rigid boards) made of various types of base material. The Company also acts as an agent for the importation of PCBs from South East Asia. The Company provides fabrication of dense multi-layer PCBs.

Closing Price
Day's Change
0.22 (5.05%)
B/A Size
Day's High
Day's Low
(Heavy Day)

10-day average volume:

UPDATE: Dow futures surge 600 points, adding to Monday gains as Moderna says it sees some success with coronavirus vaccine candidate

9:33 am ET May 18, 2020 (MarketWatch)

U.S. stock-index futures added to gains Monday morning, with the market for risk assets gathering additional momentum from a report of success in a vaccine for the COVID=19 pandemic. Futures for the Dow Jones Industrial Average were up 614 points, or 2.6%, at 24,134, those for the S&P 500 index were up 2.5% at 2,916, while Nasdaq-100 futures advanced 2% at 9,276. The rally for the benchmark futures accelerated after a report on a phase one human trial (https://investors.modernatx.com/news-releases/news-release-details/moderna-announces-positive-interim-phase-1-data-its-mrna-vaccine?mod=article_inline) for a coronavirus vaccine produced by Moderna Inc. (MRNA) showed the production of antibodies to the virus in all of its 45 participants involved in the study.CNBC reported that participants (https://www.cnbc.com/2020/05/18/moderna-reports-positive-data-on-early-stage-coronavirus-vaccine-trial.html) in the trial received two doses of the potential vaccine via intramuscular injection in the upper arm approximately 28 days apart. "These interim Phase 1 data, while early, demonstrate that vaccination with mRNA-1273 elicits an immune response of the magnitude caused by natural infection starting with a dose as low as 25 ug," Tal Zaks, Moderna's chief medical officer, said in s statement. Bloomberg reported (https://news.bloomberglaw.com/health-law-and-business/vaccine-from-moderna-shows-early-signs-of-viral-immune-response) that the study is being conducted with the U.S. government, noting that Moderna will expand the trial.

-Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 18, 2020 09:33 ET (13:33 GMT)

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