Nortech Systems Incorporated (NASDAQ:NSYS – Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 2,500 shares, a growth of 31.6% from the March 15th total of 1,900 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the stock are sold short.
Nortech Systems Price Performance
NSYS stock traded up $0.16 on Monday, reaching $16.16. 7,466 shares of the company’s stock were exchanged, compared to its average volume of 5,863. The stock has a fifty day moving average of $12.62 and a 200-day moving average of $10.35. Nortech Systems has a twelve month low of $7.45 and a twelve month high of $17.72. The firm has a market cap of $44.28 million, a PE ratio of 6.79 and a beta of 0.68. The company has a quick ratio of 1.40, a current ratio of 2.21 and a debt-to-equity ratio of 0.17.
Nortech Systems (NASDAQ:NSYS – Get Free Report) last announced its quarterly earnings data on Wednesday, March 20th. The electronics maker reported $1.51 earnings per share for the quarter. Nortech Systems had a return on equity of 22.27% and a net margin of 4.93%. The firm had revenue of $36.05 million for the quarter.
Institutional Trading of Nortech Systems
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.
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