Equities researchers at StockNews.com began coverage on shares of Nortech Systems (NASDAQ:NSYS – Get Free Report) in a report issued on Friday. The brokerage set a “hold” rating on the electronics maker’s stock.
Nortech Systems Stock Performance
NSYS opened at $8.76 on Friday. Nortech Systems has a 12-month low of $7.25 and a 12-month high of $15.55. 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 firm has a market capitalization of $24.19 million, a PE ratio of 5.65 and a beta of 0.27. The firm has a 50 day moving average of $8.86 and a two-hundred day moving average of $9.95.
Nortech Systems (NASDAQ:NSYS – Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The electronics maker reported ($0.48) earnings per share (EPS) for the quarter. Nortech Systems had a return on equity of 12.76% and a net margin of 3.35%. The business had revenue of $26.90 million for 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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