Research analysts at StockNews.com began coverage on shares of Nortech Systems (NASDAQ:NSYS – Get Free Report) in a research note issued on Saturday. The brokerage set a “hold” rating on the electronics maker’s stock.
Nortech Systems Stock Performance
NASDAQ:NSYS opened at $12.46 on Friday. The company’s 50-day moving average price is $12.14 and its 200-day moving average price is $13.35. The company has a current ratio of 2.54, a quick ratio of 1.56 and a debt-to-equity ratio of 0.24. The company has a market cap of $34.39 million, a P/E ratio of 5.56 and a beta of 0.52. Nortech Systems has a twelve month low of $7.45 and a twelve month high of $19.15.
Nortech Systems (NASDAQ:NSYS – Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The electronics maker reported $0.05 earnings per share for the quarter. The firm had revenue of $33.89 million for the quarter. Nortech Systems had a net margin of 4.71% and a return on equity of 18.90%.
Institutional Investors Weigh In On Nortech Systems
About Nortech Systems
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.
Further Reading
- Five stocks we like better than Nortech Systems
- About the Markup Calculator
- 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- 4 Quirky ETFs With Big Potential for Impressive Gains
Receive News & Ratings for Nortech Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nortech Systems and related companies with MarketBeat.com's FREE daily email newsletter.