StockNews.com assumed coverage on shares of Nortech Systems (NASDAQ:NSYS – Free Report) in a research note published on Saturday morning. The firm issued a hold rating on the electronics maker’s stock.
Nortech Systems Stock Down 5.0 %
Shares of Nortech Systems stock opened at $9.50 on Friday. The stock has a market cap of $26.19 million, a PE ratio of 6.13 and a beta of 0.38. Nortech Systems has a 12 month low of $8.50 and a 12 month high of $19.15. The business has a fifty day simple moving average of $10.10 and a 200 day simple moving average of $10.83. The company has a quick ratio of 1.63, a current ratio of 2.59 and a debt-to-equity ratio of 0.28.
Nortech Systems (NASDAQ:NSYS – Get Free Report) last announced its quarterly earnings results on Monday, March 31st. The electronics maker reported ($0.54) earnings per share (EPS) for the quarter. Nortech Systems had a net margin of 3.35% and a return on equity of 12.76%.
Nortech Systems Company Profile
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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