StockNews.com initiated coverage on shares of Nortech Systems (NASDAQ:NSYS – Free Report) in a research note released on Sunday morning. The firm issued a hold rating on the electronics maker’s stock.
Nortech Systems Trading Down 2.2 %
NASDAQ NSYS opened at $9.00 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.63 and a current ratio of 2.59. The firm has a market cap of $24.81 million, a price-to-earnings ratio of 5.81 and a beta of 0.30. The firm has a 50 day simple moving average of $10.01 and a 200-day simple moving average of $10.76. Nortech Systems has a one year low of $8.01 and a one year high of $19.15.
Nortech Systems (NASDAQ:NSYS – Get Free Report) last issued its quarterly earnings results on Monday, March 31st. The electronics maker reported ($0.54) EPS for the quarter. Nortech Systems had a net margin of 3.35% and a return on equity of 12.76%. The business had revenue of $28.62 million during the quarter.
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.
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