Eltek Ltd. (ELTK) Reaches $0.59 Yearly Low; Francescas Holdings (FRAN) Shorts Lowered By 16.08%

November 14, 2017 - By Dolores Ford

Francescas Holdings Corporation (NASDAQ:FRAN) had a decrease of 16.08% in short interest. FRAN’s SI was 3.80 million shares in November as released by FINRA. Its down 16.08% from 4.53M shares previously. With 737,500 avg volume, 5 days are for Francescas Holdings Corporation (NASDAQ:FRAN)’s short sellers to cover FRAN’s short positions. About 129,246 shares traded. Francesca’s Holdings Corp (NASDAQ:FRAN) has risen 27.86% since November 14, 2016 and is uptrending. It has outperformed by 11.16% the S&P500.

The stock of Eltek Ltd. (NASDAQ:ELTK) hit a new 52-week low and has $0.55 target or 7.00% below today’s $0.59 share price. The 7 months bearish chart indicates high risk for the $5.98M company. The 1-year low was reported on Nov, 14 by Barchart.com. If the $0.55 price target is reached, the company will be worth $418,600 less. About 47,351 shares traded or 14.72% up from the average. Eltek Ltd. (NASDAQ:ELTK) has declined 31.52% since November 14, 2016 and is downtrending. It has underperformed by 48.22% the S&P500.

Eltek Ltd. manufactures, markets and sells custom made printed circuit boards , including high density interconnect (HDI), flex-rigid and rigid, with high layer count boards. The company has market cap of $5.98 million. The Firm makes and supplies custom made circuitry solutions for use in compact electronic products. It currently has negative earnings. The Company’s principal clients include manufacturers of defense and aerospace, medical, industrial, telecom and networking equipment, as well as contract electronic manufacturers.

Francesca’s Holdings Corporation is a holding company. The company has market cap of $248.69 million. The Firm is a specialty retailer, which operates a chain of boutiques across the United States. It has a 7.02 P/E ratio. The Firm offers a mix of apparel, jewelry, accessories and gifts.

Investors sentiment increased to 1.3 in 2017 Q2. Its up 0.18, from 1.12 in 2017Q1. It improved, as 25 investors sold Francesca’s Holdings Corp shares while 45 reduced holdings. 30 funds opened positions while 61 raised stakes. 36.97 million shares or 0.29% more from 36.87 million shares in 2017Q1 were reported. Citigroup Inc owns 0% invested in Francesca’s Holdings Corp (NASDAQ:FRAN) for 40,011 shares. Metropolitan Life Insurance has 0% invested in Francesca’s Holdings Corp (NASDAQ:FRAN) for 27,346 shares. Aqr Cap Mgmt Ltd Liability reported 411,655 shares. Goldman Sachs Group Inc reported 300,769 shares. Primecap Com Ca holds 125,300 shares. Stevens Capital Management L P reported 52,335 shares or 0.02% of all its holdings. Louisiana State Employees Retirement Systems holds 0.01% or 14,900 shares in its portfolio. Campbell & Com Adviser Ltd Liability Corp accumulated 0.16% or 15,590 shares. Moreover, Federated Investors Pa has 0.01% invested in Francesca’s Holdings Corp (NASDAQ:FRAN). Glenmede Tru Na holds 0% of its portfolio in Francesca’s Holdings Corp (NASDAQ:FRAN) for 35,826 shares. Mufg Americas, a New York-based fund reported 192 shares. Schwab Charles Invest Inc invested in 237,427 shares. Numeric Investors Ltd Company has 75,121 shares. Petrus Tru Co Lta reported 0.09% stake. Rhumbline Advisers holds 0% of its portfolio in Francesca’s Holdings Corp (NASDAQ:FRAN) for 70,600 shares.

Among 15 analysts covering Francesca’s Holdings (NASDAQ:FRAN), 4 have Buy rating, 0 Sell and 11 Hold. Therefore 27% are positive. Francesca’s Holdings had 40 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Francesca’s Holdings Corp (NASDAQ:FRAN) earned “Outperform” rating by Wedbush on Thursday, September 3. Wolfe Research initiated the stock with “Peer Perform” rating in Tuesday, August 18 report. The rating was maintained by Goldman Sachs on Tuesday, March 29 with “Neutral”. The firm has “Neutral” rating given on Thursday, September 8 by Wedbush. Stifel Nicolaus upgraded Francesca’s Holdings Corp (NASDAQ:FRAN) on Tuesday, September 27 to “Buy” rating. As per Thursday, March 24, the company rating was downgraded by KeyBanc Capital Markets. Wedbush upgraded the shares of FRAN in report on Saturday, September 5 to “Outperform” rating. FBR Capital maintained Francesca’s Holdings Corp (NASDAQ:FRAN) on Friday, June 10 with “Mkt Perform” rating. Jefferies maintained the stock with “Hold” rating in Monday, August 21 report. Nomura downgraded Francesca’s Holdings Corp (NASDAQ:FRAN) on Wednesday, November 16 to “Neutral” rating.

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