Analysts at StockNews.com started coverage on shares of Nortech Systems (NASDAQ:NSYS – Get Free Report) in a report released on Thursday. The brokerage set a “hold” rating on the electronics maker’s stock.
Nortech Systems Stock Performance
NASDAQ:NSYS opened at $8.65 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.63 and a current ratio of 2.59. The firm’s 50-day moving average is $8.96 and its 200-day moving average is $10.08. Nortech Systems has a 52-week low of $7.25 and a 52-week high of $17.89. The company has a market cap of $23.88 million, a price-to-earnings ratio of 5.58 and a beta of 0.27.
Nortech Systems (NASDAQ:NSYS – Get Free Report) last posted its earnings results on Monday, March 31st. The electronics maker reported ($0.54) earnings per share for the quarter. The firm 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%.
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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