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

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

Nortech Systems Stock Performance

Nortech Systems stock opened at $9.90 on Friday. The stock has a 50-day simple moving average of $10.14 and a 200 day simple moving average of $10.94. 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 has a market capitalization of $27.29 million, a price-to-earnings ratio of 6.39 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.