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

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

Nortech Systems Price Performance

Shares of NSYS stock opened at $10.72 on Wednesday. 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 company has a market capitalization of $29.56 million, a PE ratio of 6.92 and a beta of 0.47. The firm’s 50-day moving average is $10.85 and its two-hundred day moving average is $12.08. Nortech Systems has a 12 month low of $9.13 and a 12 month high of $19.15.

Institutional Investors Weigh In On Nortech Systems

An institutional investor recently bought a new position in Nortech Systems stock. Dimensional Fund Advisors LP acquired a new stake in Nortech Systems Incorporated (NASDAQ:NSYS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 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 quarter. Institutional investors own 3.05% of the company’s 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.