Nortech Systems (NASDAQ:NSYS) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Nortech Systems Incorporated (NASDAQ:NSYS) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.86 and traded as low as $9.73. Nortech Systems shares last traded at $9.85, with a volume of 2,419 shares traded.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Nortech Systems in a research note on Saturday. They set a “hold” rating for the company.

Nortech Systems Price Performance

The firm has a market cap of $27.16 million, a P/E ratio of 6.35 and a beta of 0.38. The company has a fifty day moving average of $10.11 and a 200-day moving average of $10.86. 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 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.