Elekta (OTCMKTS:EKTAY) Shares Gap Up – Should You Buy?

Elekta AB (OTCMKTS:EKTAY) gapped up before the market opened on Wednesday . The stock had previously closed at $5.8650, but opened at $6.23. Elekta shares last traded at $6.23, with a volume of 723 shares trading hands.

Elekta Stock Up 6.2%

The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.79 and a current ratio of 1.04. The firm has a market capitalization of $2.30 billion, a PE ratio of 89.01 and a beta of 1.07. The company has a fifty day moving average price of $6.30 and a 200-day moving average price of $5.57.

About Elekta

Elekta is a global medical technology company specializing in the development, manufacture and support of precision radiation therapy and radiosurgery equipment. Its products and services aim to improve patient outcomes in oncology and neurosurgery by combining advanced hardware, software and clinical workflow solutions. Elekta’s offerings are designed to address a broad range of cancer types and brain disorders through targeted, image-guided treatments.

The company’s core product portfolio includes linear accelerators for external beam radiation therapy, stereotactic radiosurgery systems such as the renowned Gamma Knife platform, and brachytherapy solutions for internal radiation treatment.