Nortech Systems Incorporated Stock Today
| NSYS Stock | USD 17.31 0.01 0.06% |
Performance15 of 100
| Odds Of DistressLess than 1
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Nortech Systems is selling for under 17.31 as of the 28th of April 2024; that is 0.06 percent up since the beginning of the trading day. The stock's lowest day price was 17.27. Nortech Systems has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Nortech Systems Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2024 and ending today, the 28th of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 24th of June 1993 | Category Healthcare | Classification Information Technology |
Nortech Systems Incorporated provides design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China. Nortech Systems Incorporated was founded in 1990 and is headquartered in Maple Grove, Minnesota. The company has 2.74 M outstanding shares of which 679 shares are now shorted by private and institutional investors with about 0.05 trading days to cover. More on Nortech Systems Incorporated
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Nortech Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nortech Systems' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nortech Systems or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Richard Wasielewski | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Nortech Systems' liquidity, profitability, solvency, and operating efficiency, Nortech Systems Incorporated is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Nortech Systems rporated is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Nortech Systems' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nortech Systems' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nortech Systems' financial leverage. It provides some insight into what part of Nortech Systems' total assets is financed by creditors.
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Nortech Systems Incorporated (NSYS) is traded on NASDAQ Exchange in USA. It is located in 7550 Meridian Circle North, Maple Grove, MN, United States, 55369 and employs 733 people. Nortech Systems is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 47.43 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nortech Systems's market, we take the total number of its shares issued and multiply it by Nortech Systems's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nortech Systems rporated conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 2.74 M outstanding shares of which 679 shares are now shorted by private and institutional investors with about 0.05 trading days to cover.
Nortech Systems Incorporated currently holds about 944 K in cash with 1.77 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35.
Check Nortech Systems Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Nortech Systems Incorporated is $47.43 Million. Nortech Systems Incorporated secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 64.93 % of Nortech Systems Incorporated outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Nortech Ownership Details
Nortech Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Nortech Systems jumping above the current price in 90 days from now is under 4%. The Nortech Systems Incorporated probability density function shows the probability of Nortech Systems stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.08. This indicates Nortech Systems Incorporated market returns are related to returns on the market. As the market goes up or down, Nortech Systems is expected to follow. Additionally, nortech Systems Incorporated has an alpha of 0.9151, implying that it can generate a 0.92 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Nortech Systems to move above the current price in 90 days from now is under 4 (This Nortech Systems Incorporated probability density function shows the probability of Nortech Stock to fall within a particular range of prices over 90 days) .
Nortech Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Nortech Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nortech Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nortech Systems' value.| Instituion | Recorded On | Shares | |
| Renaissance Technologies Corp | 2023-12-31 | 51 K | |
| Chevy Chase Trust Holdings, Inc. | 2023-12-31 | 18.2 K | |
| Royal Bank Of Canada | 2023-12-31 | 12.9 K | |
| Ubs Group Ag | 2023-12-31 | 715 | |
| Tower Research Capital Llc | 2023-12-31 | 340 | |
| Wells Fargo & Co | 2023-12-31 | 7.0 | |
| Jpmorgan Chase & Co | 2023-12-31 | 1.0 | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 0.0 |
Nortech Systems Historical Income Statement
Nortech Systems Incorporated Income Statement is one of the three primary financial statements used for reporting Nortech's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nortech Systems rporated revenue and expense. Nortech Systems Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Nortech Systems' Net Income From Continuing Ops is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.5 M in 2024, whereas Total Revenue is likely to drop slightly above 92.6 M in 2024. View More FundamentalsNortech Stock Against Markets
Picking the right benchmark for Nortech Systems stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nortech Systems stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nortech Systems is critical whether you are bullish or bearish towards Nortech Systems Incorporated at a given time. Please also check how Nortech Systems' historical prices are related to one of the top price index indicators.
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Nortech Systems Corporate Directors
Nortech Systems corporate directors refer to members of a Nortech Systems board of directors. The board of directors generally takes responsibility for the Nortech Systems' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nortech Systems' board members must vote for the resolution. The Nortech Systems board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Kunin | Director | Profile | |
| Kenneth Larson | Independent Director | Profile | |
| Richard Perkins | Independent Director | Profile | |
| Kathleen Iverson | Director | Profile |
How to buy Nortech Stock?
Before investing in Nortech Systems, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nortech Systems. To buy Nortech Systems stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nortech Systems. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nortech Systems stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nortech Systems Incorporated stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nortech Systems Incorporated stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nortech Systems Incorporated, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nortech Stock please use our How to Invest in Nortech Systems guide.
Already Invested in Nortech Systems Incorporated?
The danger of trading Nortech Systems Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nortech Systems is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nortech Systems. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nortech Systems rporated is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nortech Systems rporated is a strong investment it is important to analyze Nortech Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nortech Systems' future performance. For an informed investment choice regarding Nortech Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nortech Systems Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running Nortech Systems' price analysis, check to measure Nortech Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nortech Systems is operating at the current time. Most of Nortech Systems' value examination focuses on studying past and present price action to predict the probability of Nortech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortech Systems' price. Additionally, you may evaluate how the addition of Nortech Systems to your portfolios can decrease your overall portfolio volatility.
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Is Nortech Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nortech Systems. If investors know Nortech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nortech Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Earnings Share 2.38 | Revenue Per Share 51.185 | Quarterly Revenue Growth 0.012 | Return On Assets 0.0514 |
The market value of Nortech Systems rporated is measured differently than its book value, which is the value of Nortech that is recorded on the company's balance sheet. Investors also form their own opinion of Nortech Systems' value that differs from its market value or its book value, called intrinsic value, which is Nortech Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nortech Systems' market value can be influenced by many factors that don't directly affect Nortech Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nortech Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nortech Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nortech Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.