Nortech Systems (NASDAQ:NSYS – Get Free Report) announced its quarterly earnings data on Monday. The electronics maker reported ($0.54) earnings per share for the quarter, Zacks reports. Nortech Systems had a return on equity of 12.76% and a net margin of 3.35%.
Nortech Systems Stock Down 1.3 %
Shares of NSYS opened at $9.85 on Monday. The company has a quick ratio of 1.63, a current ratio of 2.59 and a debt-to-equity ratio of 0.28. The company has a 50-day moving average price of $10.11 and a two-hundred day moving average price of $10.85. The stock has a market cap of $27.16 million, a price-to-earnings ratio of 6.35 and a beta of 0.38. Nortech Systems has a 12 month low of $9.50 and a 12 month high of $19.15.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of Nortech Systems in a research note on Saturday. They set a “hold” rating on the stock.
Nortech Systems Company Profile
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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