Nortech Systems (NASDAQ:NSYS) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of Nortech Systems (NASDAQ:NSYS) in a research note released on Tuesday. The brokerage issued a hold rating on the electronics maker’s stock.

Nortech Systems Stock Performance

NASDAQ NSYS opened at $10.10 on Tuesday. The firm has a market capitalization of $27.85 million, a P/E ratio of 6.52 and a beta of 0.46. The stock has a 50-day simple moving average of $10.38 and a two-hundred day simple moving average of $11.18. 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 fifty-two week low of $9.53 and a fifty-two week high of $19.15.

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.