Nortech Systems (NASDAQ:NSYS – Get Free Report) issued its earnings results on Monday. The electronics maker reported ($0.54) EPS for the quarter, Zacks reports. Nortech Systems had a net margin of 3.35% and a return on equity of 12.76%.
Nortech Systems Stock Down 1.3 %
NASDAQ NSYS opened at $9.85 on Monday. The stock’s 50 day simple moving average is $10.11 and its 200 day simple moving average is $10.85. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.59 and a quick ratio of 1.63. Nortech Systems has a one year low of $9.50 and a one year high of $19.15. The firm has a market cap of $27.16 million, a PE ratio of 6.35 and a beta of 0.38.
Analyst Ratings Changes
Separately, StockNews.com started coverage on shares of Nortech Systems in a research report on Saturday. They issued a “hold” rating on the 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.
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