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Nortech Systems Incorporated is currently in a long term uptrend where the price is trading 38.2% above its 200 day moving average.
From a valuation standpoint, the stock is 99.2% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.2.
Nortech Systems Incorporated's total revenue sank by 22.6% to $24M since the same quarter in the previous year.
Its net income has dropped by 1388.7% to $-4M since the same quarter in the previous year.
Finally, its free cash flow fell by 527.7% to $-5M since the same quarter in the previous year.
Based on the above factors, Nortech Systems Incorporated gets an overall score of 2/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US6565531042 |
Sector | Healthcare |
Industry | Medical Devices |
Market Cap | 28M |
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PE Ratio | 6.44 |
Target Price | None |
Beta | 0.53 |
Dividend Yield | None |
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. The company also provides manufacturing and engineering services for medical devices, printed circuit board assemblies, wire and cable assemblies, and higher-level electromechanical assemblies. In addition, it offers engineering and repair services. The company serves original equipment manufacturers in the medical, aerospace and defense, and industrial markets through business development teams and independent manufacturers' representatives. Nortech Systems Incorporated was founded in 1990 and is headquartered in Maple Grove, Minnesota.
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