StockNews.com began coverage on shares of Nortech Systems (NASDAQ:NSYS – Free Report) in a report issued on Thursday morning. The firm issued a hold rating on the electronics maker’s stock.
Nortech Systems Price Performance
Nortech Systems stock opened at $8.65 on Thursday. The stock has a market cap of $23.88 million, a P/E ratio of 5.58 and a beta of 0.27. The company has a current ratio of 2.59, a quick ratio of 1.63 and a debt-to-equity ratio of 0.28. Nortech Systems has a 12-month low of $7.25 and a 12-month high of $16.43. The company has a 50-day moving average price of $8.96 and a 200 day moving average price of $10.06.
Nortech Systems (NASDAQ:NSYS – Get Free Report) last announced its earnings results on Monday, March 31st. The electronics maker reported ($0.54) earnings per share (EPS) for the quarter. The business had revenue of $28.62 million for the quarter. Nortech Systems had a return on equity of 12.76% and a net margin of 3.35%.
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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