Nortech Systems (NASDAQ:NSYS) Earns Hold Rating from Analysts at StockNews.com

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

Nortech Systems Price Performance

Shares of NASDAQ NSYS opened at $9.94 on Friday. The company has a 50 day simple moving average of $10.14 and a two-hundred day simple moving average of $10.91. Nortech Systems has a fifty-two week low of $9.50 and a fifty-two week high of $19.15. The company has a market capitalization of $27.40 million, a price-to-earnings ratio of 6.41 and a beta of 0.38. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.63 and a current ratio of 2.59.

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.