Nortech Systems (NASDAQ:NSYS) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Nortech Systems (NASDAQ:NSYS) in a research note published on Friday morning. The brokerage issued a hold rating on the electronics maker’s stock.

Nortech Systems Price Performance

Shares of Nortech Systems stock opened at $9.94 on Friday. 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 company’s 50-day moving average price is $10.14 and its two-hundred day moving average price is $10.92. Nortech Systems has a 52 week low of $9.50 and a 52 week high of $19.15. The stock has a market cap of $27.40 million, a PE ratio of 6.41 and a beta of 0.38.

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.