StockNews.com Begins Coverage on Nortech Systems (NASDAQ:NSYS)

Research analysts at StockNews.com started coverage on shares of Nortech Systems (NASDAQ:NSYS) in a note issued to investors on Saturday. The firm set a “hold” rating on the electronics maker’s stock.

Nortech Systems Stock Down 1.3 %

NASDAQ:NSYS opened at $9.85 on Friday. The company has a quick ratio of 1.63, a current ratio of 2.59 and a debt-to-equity ratio of 0.28. Nortech Systems has a 12-month low of $9.50 and a 12-month high of $19.15. The stock’s fifty day simple moving average is $10.11 and its 200-day simple moving average is $10.85. The firm has a market capitalization of $27.16 million, a P/E ratio of 6.35 and a beta of 0.38.

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.