Nortech Systems (NASDAQ:NSYS) Coverage Initiated by Analysts at StockNews.com

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

Nortech Systems Stock Performance

Nortech Systems stock opened at $10.00 on Wednesday. The firm’s 50 day simple moving average is $10.27 and its 200 day simple moving average is $11.12. The company has a current ratio of 2.59, a quick ratio of 1.63 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $27.57 million, a PE ratio of 6.45 and a beta of 0.38. Nortech Systems has a 1-year low of $9.53 and a 1-year high of $19.15.

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.