Nortech Systems (NASDAQ:NSYS) Share Price Passes Above 50-Day Moving Average of $3.30
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 $3.30 and traded as high as $3.09. Nortech Systems shares last traded at $3.09, with a volume of 0 shares.
Separately, ValuEngine cut shares of Nortech Systems from a “buy” rating to a “hold” rating in a research report on Saturday, June 1st.
The company has a current ratio of 1.88, a quick ratio of 1.23 and a debt-to-equity ratio of 1.11. The firm’s 50-day moving average price is $3.27 and its 200-day moving average price is $3.95.
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.
Further Reading: Hold Rating
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