2 weeks Ago By ABMN Staff
Nortech Systems Incorporated ( NASDAQ:NSYS – Get Free Report ) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.31 and traded as low as $12.
21. Nortech Systems shares last traded at $12.32, with a volume of 2,508 shares traded.
Analyst Ratings Changes Separately, StockNews.com lowered Nortech Systems from a “buy” rating to a “hold” rating in a research report on Friday, August 9th. Get Our Latest Research Report on NSYS Nortech Systems Stock Down 1.
6 % Nortech Systems ( NASDAQ:NSYS – Get Free Report ) last issued its quarterly earnings results on Thursday, August 8th. The electronics maker reported $0.05 earnings per share (EPS) for the quarter.
The firm had revenue of $33.89 million for the quarter. Nortech Systems had a return on equity of 21.
32% and a net margin of 5.02%. Hedge Funds Weigh In On Nortech Systems A hedge fund recently bought a new stake in Nortech Systems stock.
Dimensional Fund Advisors LP bought a new stake in Nortech Systems Incorporated ( NASDAQ:NSYS – Free Report ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,868 shares of the electronics maker’s stock, valued at approximately $148,000. Dimensional Fund Advisors LP owned approximately 0.
39% of Nortech Systems as of its most recent SEC filing. Institutional investors own 3.05% of the company’s stock.
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. Recommended Stories Receive News & Ratings for Nortech Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nortech Systems and related companies with MarketBeat.
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