| Eltek manufactures and supplies custom made circuitry solutions for use in compact electronic products. Co. provides services and is a solution provider in the printed circuit boards (PCB) business, mainly in Israel, Europe, North America and Asia. PCBs are platforms that conduct an electric current among active and passive microelectronics components, microprocessors, memories, resistors and capacitors and are integral parts of the products produced by high-technology industries. Co. designs and develops manufacturing solutions pursuant to interconnect requirements of original equipment manufacturers, and provides its customers with a range of custom designed PCBs. We show 6 historical shares outstanding datapoints in our ELTK shares outstanding history coverage, used to compute ELTK market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ELTK market cap history over the course of time is important for investors
interested in comparing ELTK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ELTK versus a peer is one thing; comparing
ELTK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ELTK can fluctuate over the course of history.
With this page we aim to empower investors researching ELTK by allowing them to research the ELTK market cap history.