StockNews.com Begins Coverage on Nortech Systems (NASDAQ:NSYS)

Analysts at StockNews.com began coverage on shares of Nortech Systems (NASDAQ:NSYS) in a research note issued on Friday. The brokerage set a “hold” rating on the electronics maker’s stock.

Nortech Systems Stock Performance

Shares of NASDAQ NSYS opened at $9.94 on Friday. The company has a quick ratio of 1.63, a current ratio of 2.59 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $27.40 million, a price-to-earnings ratio of 6.41 and a beta of 0.38. The stock’s fifty day simple moving average is $10.14 and its 200 day simple moving average is $10.92. Nortech Systems has a 52-week low of $9.50 and a 52-week high of $19.15.

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.