Nortech Systems Incorporated (NASDAQ:NSYS) does about 10.59K shares in volume on a normal day but saw 23736911 shares change hands in Friday trading. The company now has a market cap of 10.52M USD and an enterprise value of about $31.36M. Its current market price is $5.08, marking an increase of 28.28% compared to the previous close of $3.96. The 52 week high reached by this stock is $7.46 whilst the lowest price level in 52 weeks is $2.52. The script in recent trading has seen the stock touch a high of $6.50 and a low of $4.45.
Nortech Systems Incorporated (NSYS) has a 20-day trading average at $4.48 and the current price is -31.90% off the 52-week high compared with 101.59% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.40 and its 200-day simple moving average is $4.08. If we look at the stock’s price movements over the week, volatility stands at 14.79%, which decreases to 7.44% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.21 to suggest the stock is neutral.
The current price level is 14.26%, 15.83%, and 24.85% away from its SMA20, SMA50, and SMA200 respectively, with the NSYS price moving below the 50-day SMA on August 28. Nortech Systems Incorporated (NSYS) stock is up 18.11% over the week and 14.15% over the past month. Its price is 4.31% year-to-date and 48.97% over the past year.
The company’s next earnings report is expected on 11/04/2020.
Outstanding shares total 2.66M with insiders holding 64.35% of the shares and institutional holders owning 2.25% of the company’s common stock. The company has a return on investment of -0.50% and return on equity of 3.60%. The price to earnings ratio (P/E ratio) amounts to 19.24. The beta has a value of 1.09. Price to book ratio is 0.68 and price to sales ratio is 0.09.
According to a U.S. Securities and Exchange Commission filing, Vanguard Extended Market Index Fu has reduced its position in Nortech Systems Incorporated (NSYS) to 9,269 shares, mirroring a recent drop by 0.00%. Vanguard Extended Market Index Fu dumped 0.0 shares of Nortech Systems Incorporated common stock bringing its total worth to about $41479.0 at the end of recent close, SEC documents show. Vanguard Extended Market Index Fu isn’t the only investment manager who changed stakes and is followed by Bridgeway Omni Tax Managed Small, which sold off 0.0 shares to end up with 1,500 shares worth $6713.0. Bridgeway Omni Small Cap Value Fu cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.06% position in Nortech Systems Incorporated thanks to 1500.0 shares amounting to $6713.0.