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

Equities research analysts at StockNews.com initiated coverage on shares of Nortech Systems (NASDAQ:NSYS) in a research report issued on Thursday. The firm set a “hold” rating on the electronics maker’s stock.

Nortech Systems Stock Up 2.0 %

Shares of NSYS stock opened at $9.78 on Thursday. Nortech Systems has a 1-year low of $9.50 and a 1-year high of $19.15. The stock’s fifty day moving average price is $10.20 and its 200 day moving average price is $11.01. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.59 and a quick ratio of 1.63. The company has a market cap of $26.95 million, a price-to-earnings ratio of 6.31 and a beta of 0.38.

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.