Nortech Systems (NASDAQ:NSYS) Upgraded at Wall Street Zen

Nortech Systems (NASDAQ:NSYS) was upgraded by analysts at Wall Street Zen to a “strong-buy” rating in a research report issued on Saturday.

Nortech Systems Price Performance

Shares of NSYS stock opened at $15.83 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.84 and a debt-to-equity ratio of 0.07. Nortech Systems has a twelve month low of $6.50 and a twelve month high of $18.01. The company has a market cap of $44.17 million, a P/E ratio of 42.78 and a beta of 0.02. The business has a fifty day simple moving average of $13.71 and a 200 day simple moving average of $10.18.

Nortech Systems (NASDAQ:NSYS) last announced its quarterly earnings data on Wednesday, May 13th. The electronics maker reported ($0.01) earnings per share for the quarter. Nortech Systems had a return on equity of 3.05% and a net margin of 0.85%.The business had revenue of $30.32 million for the quarter.

Nortech Systems Company Profile

Nortech Systems, Inc is a specialized engineering and manufacturing company that designs, develops and produces custom gas distribution and control solutions. Its core offerings include cryogenic valves and regulators, gas distribution panels and manifolds, and precision instrumentation for monitoring and controlling the delivery of industrial, specialty and medical gases. The company leverages in-house engineering, machining and assembly capabilities to tailor products to the exact specifications of its customers.

In addition to its mechanical product lines, Nortech Systems provides electronic monitoring and control systems.