Nortech Systems (NASDAQ:NSYS) Now Covered by StockNews.com

Analysts at StockNews.com assumed coverage on shares of Nortech Systems (NASDAQ:NSYS) in a research note issued on Tuesday. The firm set a “hold” rating on the electronics maker’s stock.

Nortech Systems Stock Performance

Shares of NSYS opened at $10.14 on Tuesday. Nortech Systems has a one year low of $9.13 and a one year high of $19.15. The company has a 50-day simple moving average of $11.09 and a two-hundred day simple moving average of $12.18. 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 firm has a market capitalization of $27.96 million, a PE ratio of 6.54 and a beta of 0.46.

Institutional Investors Weigh In On Nortech Systems

An institutional investor recently bought a new position in Nortech Systems stock. Dimensional Fund Advisors LP bought a new position in Nortech Systems Incorporated (NASDAQ:NSYS) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 10,868 shares of the electronics maker’s stock, valued at approximately $148,000. Dimensional Fund Advisors LP owned 0.39% of Nortech Systems at the end of the most recent reporting period. Institutional investors own 3.05% of the company’s stock.

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.