Nortech Systems (NASDAQ:NSYS) Now Covered by StockNews.com

StockNews.com started coverage on shares of Nortech Systems (NASDAQ:NSYS) in a research note issued to investors on Wednesday. The firm issued a hold rating on the electronics maker’s stock.

Nortech Systems Stock Performance

Shares of NSYS stock opened at $9.98 on Wednesday. The company has a current ratio of 2.59, a quick ratio of 1.63 and a debt-to-equity ratio of 0.28. Nortech Systems has a 12 month low of $9.13 and a 12 month high of $19.15. The company has a market cap of $27.51 million, a P/E ratio of 6.44 and a beta of 0.47. The firm has a fifty day moving average price of $10.79 and a 200 day moving average price of $12.06.

Hedge Funds Weigh In On Nortech Systems

A hedge fund recently bought a new stake in Nortech Systems stock. Dimensional Fund Advisors LP acquired a new position in shares of Nortech Systems Incorporated (NASDAQ:NSYS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 10,868 shares of the electronics maker’s stock, valued at approximately $148,000. Dimensional Fund Advisors LP owned 0.39% of Nortech Systems at the end of the most recent quarter. Institutional investors own 3.05% of the company’s stock.

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.