StockNews.com Initiates Coverage on Nortech Systems (NASDAQ:NSYS)

Research analysts at StockNews.com initiated coverage on shares of Nortech Systems (NASDAQ:NSYS) in a research note issued to investors on Tuesday. The firm set a “hold” rating on the electronics maker’s stock.

Nortech Systems Stock Performance

Shares of NSYS opened at $10.51 on Tuesday. The stock has a 50-day moving average of $10.40 and a 200-day moving average of $11.19. The company has a market cap of $28.98 million, a PE ratio of 6.78 and a beta of 0.46. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.59 and a quick ratio of 1.63. Nortech Systems has a one year low of $9.53 and a one year high of $19.15.

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.