StockNews.com began coverage on shares of Nortech Systems (NASDAQ:NSYS – Free Report) in a research report report published on Sunday. The firm issued a hold rating on the electronics maker’s stock.
Nortech Systems Stock Down 0.7 %
Shares of NSYS stock opened at $12.41 on Friday. The stock has a 50 day moving average of $12.06 and a 200-day moving average of $13.27. The firm has a market cap of $34.21 million, a PE ratio of 5.15 and a beta of 0.52. The company has a quick ratio of 1.56, a current ratio of 2.54 and a debt-to-equity ratio of 0.24. Nortech Systems has a 12 month low of $7.45 and a 12 month high of $19.15.
Nortech Systems (NASDAQ:NSYS – Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The electronics maker reported $0.05 EPS for the quarter. The company had revenue of $33.89 million during the quarter. Nortech Systems had a return on equity of 18.90% and a net margin of 4.71%.
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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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