StockNews.com initiated coverage on shares of Nortech Systems (NASDAQ:NSYS – Free Report) in a report published on Monday morning. The firm issued a hold rating on the electronics maker’s stock.
Nortech Systems Price Performance
NASDAQ:NSYS opened at $11.40 on Monday. The stock’s 50-day simple moving average is $12.08 and its 200 day simple moving average is $13.10. Nortech Systems has a 52-week low of $7.45 and a 52-week high of $19.15. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.56 and a current ratio of 2.54. The company has a market cap of $31.43 million, a P/E ratio of 4.73 and a beta of 0.52.
Nortech Systems (NASDAQ:NSYS – Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The electronics maker reported $0.05 EPS for the quarter. Nortech Systems had a net margin of 4.71% and a return on equity of 18.90%. The firm had revenue of $33.89 million during the quarter.
Institutional Investors Weigh In On Nortech Systems
Nortech Systems Company Profile
Nortech Systems Incorporated provides design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China. It offers a range of technical and manufacturing, and support services, including project management, designing, testing, prototyping, manufacturing, supply chain management, and post-market services.
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