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

StockNews.com started coverage on shares of Nortech Systems (NASDAQ:NSYS) in a research report issued to clients and investors on Friday. The firm set a “hold” rating on the electronics maker’s stock.

Nortech Systems Stock Performance

Shares of NASDAQ:NSYS opened at $9.90 on Friday. The stock has a market capitalization of $27.29 million, a P/E ratio of 6.39 and a beta of 0.38. Nortech Systems has a 1-year low of $9.50 and a 1-year high of $19.15. The company has a current ratio of 2.59, a quick ratio of 1.63 and a debt-to-equity ratio of 0.28. The business has a 50-day moving average price of $10.14 and a two-hundred day moving average price of $10.94.

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.