Nortech Systems (NASDAQ:NSYS – Get Free Report) issued its earnings results on Monday. The electronics maker reported ($0.54) earnings per share (EPS) for the quarter, Zacks reports. Nortech Systems had a return on equity of 12.76% and a net margin of 3.35%.
Nortech Systems Price Performance
NSYS stock opened at $9.50 on Tuesday. The company has a market capitalization of $26.19 million, a P/E ratio of 6.13 and a beta of 0.38. The company has a fifty day moving average price of $10.10 and a 200-day moving average price of $10.83. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.63 and a current ratio of 2.59. Nortech Systems has a 52-week low of $8.50 and a 52-week high of $19.15.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on Nortech Systems in a research note on Saturday. They issued a “hold” rating for the company.
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.
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