Nortech Systems (NASDAQ:NSYS) Announces Quarterly Earnings Results

Nortech Systems (NASDAQ:NSYSGet Free Report) released its quarterly earnings data on Monday. The electronics maker reported ($0.54) earnings per share (EPS) for the quarter, Zacks reports. Nortech Systems had a net margin of 3.35% and a return on equity of 12.76%.

Nortech Systems Stock Performance

Shares of NASDAQ NSYS opened at $9.85 on Monday. Nortech Systems has a 12 month low of $9.50 and a 12 month high of $19.15. 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 market cap of $27.16 million, a P/E ratio of 6.35 and a beta of 0.38. The business’s 50 day moving average is $10.11 and its two-hundred day moving average is $10.85.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Nortech Systems in a report on Saturday. They issued a “hold” rating for the company.

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Nortech Systems Company Profile

(Get Free Report)

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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Earnings History for Nortech Systems (NASDAQ:NSYS)

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