Elekta AB (publ) (OTCMKTS:EKTAY) Reaches New 1-Year Low - What's Next?

Elekta AB (publ) (OTCMKTS:EKTAY - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $4.50 and last traded at $4.54, with a volume of 46422 shares traded. The stock had previously closed at $4.73.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded Elekta AB (publ) from a "strong sell" rating to a "hold" rating in a research report on Wednesday, January 29th.

Elekta AB (publ) Trading Up 3.0 %

The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 19.16 and a beta of 1.20. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.81 and a current ratio of 1.05. The business has a fifty day moving average price of $5.50 and a 200 day moving average price of $5.79.

Elekta AB (publ) (OTCMKTS:EKTAY - Get Free Report) last released its quarterly earnings data on Friday, February 21st. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). The company had revenue of $416.86 million during the quarter, compared to analysts' expectations of $435.89 million. Elekta AB (publ) had a net margin of 5.65% and a return on equity of 11.07%. As a group, equities analysts forecast that Elekta AB will post 0.36 earnings per share for the current year.

Elekta AB (publ) Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 7th were issued a $0.1072 dividend. The ex-dividend date of this dividend was Friday, March 7th. Elekta AB (publ)'s dividend payout ratio (DPR) is 44.00%.

Elekta AB (publ) Company Profile

Elekta AB (publ), a medical technology company, provides clinical solutions for treating cancer and brain disorders worldwide. The company offers Versa HD, a brain metastases solution; Elekta Unity for real-time MR visualization; Elekta Harmony, a linear accelerator; Elekta Infinity for treating a range of patients with simple-to-complex radiotherapy needs; Elekta Synergy, a digital accelerator for image guided radiation therapy; treatment and workflow management solutions; radiation and medical oncology; and other patient services.