Investment analysts at StockNews.com initiated coverage on shares of Nortech Systems (NASDAQ:NSYS – Get Free Report) in a research report issued on Thursday. The brokerage set a “hold” rating on the electronics maker’s stock.
Nortech Systems Trading Up 0.8 %
Shares of NSYS stock opened at $8.65 on Thursday. The stock has a market cap of $23.88 million, a price-to-earnings ratio of 5.58 and a beta of 0.27. The stock has a 50-day moving average of $8.96 and a 200-day moving average of $10.08. 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 1-year low of $7.25 and a 1-year high of $17.89.
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. Nortech Systems had a return on equity of 12.76% and a net margin of 3.35%. The business had revenue of $28.62 million during the quarter.
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.
Read More
- Five stocks we like better than Nortech Systems
- What is Short Interest? How to Use It
- Google Is Betting Big on Nuclear Reactors—Should You?
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Taiwan Semiconductor Has a New Reason to Rally on Chip Curbs
- 10 Best Airline Stocks to Buy
- Why Nearly 20 Analysts Raised Meta Price Targets Post-Earnings
Receive News & Ratings for Nortech Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nortech Systems and related companies with MarketBeat.com's FREE daily email newsletter.
