Analysts at StockNews.com began coverage on shares of Nortech Systems (NASDAQ:NSYS – Get Free Report) in a research note issued on Monday. The firm set a “hold” rating on the electronics maker’s stock.
Nortech Systems Trading Up 1.7 %
Shares of NASDAQ NSYS opened at $7.96 on Monday. Nortech Systems has a 1-year low of $7.25 and a 1-year high of $19.15. The company has a 50-day moving average of $9.73 and a two-hundred day moving average of $10.58. The company has a market cap of $21.96 million, a PE ratio of 5.13 and a beta of 0.30. 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 (NASDAQ:NSYS – Get Free Report) last posted its quarterly earnings data on Monday, March 31st. The electronics maker reported ($0.54) earnings per share for the quarter. The company had revenue of $28.62 million during the quarter. Nortech Systems had a return on equity of 12.76% and a net margin of 3.35%.
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.
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