Nortech Systems (NASDAQ:NSYS) Stock Crosses Above 50-Day Moving Average of $3.81

Shares of Nortech Systems Incorporated (NASDAQ:NSYS) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.81 and traded as high as $3.30. Nortech Systems shares last traded at $3.30, with a volume of 1,500 shares changing hands.

Separately, ValuEngine lowered shares of Nortech Systems from a “buy” rating to a “hold” rating in a research report on Saturday, June 1st.

The company has a market capitalization of $8.99 million, a PE ratio of 47.86 and a beta of 1.03. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.80 and a quick ratio of 1.23. The firm’s 50-day moving average is $3.81.

Nortech Systems (NASDAQ:NSYS) last announced its quarterly earnings data on Wednesday, May 15th. The electronics maker reported ($0.14) EPS for the quarter. The company had revenue of $28.17 million during the quarter. Nortech Systems had a net margin of 0.17% and a return on equity of 0.93%.

Nortech Systems Company Profile (NASDAQ:NSYS)

Nortech Systems Incorporated operates as an electronic manufacturing services company in the United States, Mexico, and China. The company provides value-added engineering, technical and manufacturing, and support services, including project management, designing, testing, prototyping, supply chain management, and post-market services.

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