Nortech Systems (NSYS) to Release Quarterly Earnings on Thursday

Posted by on May 4th, 2023

Nortech Systems (NASDAQ:NSYS – Get Rating) will be issuing its quarterly earnings data after the market closes on Thursday, May 11th.

Nortech Systems (NASDAQ:NSYS – Get Rating) last issued its earnings results on Thursday, March 16th. The electronics maker reported ($0.14) earnings per share (EPS) for the quarter. Nortech Systems had a return on equity of 7.41% and a net margin of 1.50%. The company had revenue of $35.62 million during the quarter.

Nortech Systems Trading Up 3.2 %

Shares of NSYS stock opened at $9.75 on Thursday. Nortech Systems has a 12-month low of $9.31 and a 12-month high of $19.56. The company has a current ratio of 2.08, a quick ratio of 1.23 and a debt-to-equity ratio of 0.27. The firm’s 50 day moving average is $11.60 and its 200 day moving average is $12.63. The stock has a market capitalization of $26.33 million, a P/E ratio of 14.13 and a beta of 0.78.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nortech Systems stock. Susquehanna International Group LLP purchased a new stake in Nortech Systems Incorporated (NASDAQ:NSYS – Get Rating) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 10,938 shares of the electronics maker’s stock, valued at approximately $135,000. Susquehanna International Group LLP owned about 0.41% of Nortech Systems as of its most recent filing with the SEC. Institutional investors own 3.52% of the company’s stock.

About Nortech Systems

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Nortech Systems, Inc operates as an electronic manufacturing services company. The firm offers a full range of value-added engineering, technical and manufacturing services and support 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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