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

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

Nortech Systems Price Performance

NASDAQ NSYS opened at $9.85 on Friday. The company has a 50-day moving average price of $10.11 and a 200-day moving average price of $10.85. Nortech Systems has a 52 week low of $9.50 and a 52 week high of $19.15. 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 firm has a market capitalization of $27.16 million, a P/E ratio of 6.35 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.