Nortech Systems (NASDAQ:NSYS) Shares Cross Below 200-Day Moving Average – Time to Sell?

Nortech Systems Incorporated (NASDAQ:NSYS) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.56 and traded as low as $8.50. Nortech Systems shares last traded at $9.0340, with a volume of 3,653 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Nortech Systems in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Nortech Systems Stock Performance

The firm has a market cap of $25.20 million and a PE ratio of -9.51. The stock has a 50-day moving average price of $8.31 and a 200 day moving average price of $8.56. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.76 and a quick ratio of 1.21.

About Nortech Systems

Nortech Systems, Inc is a specialized engineering and manufacturing company that designs, develops and produces custom gas distribution and control solutions. Its core offerings include cryogenic valves and regulators, gas distribution panels and manifolds, and precision instrumentation for monitoring and controlling the delivery of industrial, specialty and medical gases. The company leverages in-house engineering, machining and assembly capabilities to tailor products to the exact specifications of its customers.

In addition to its mechanical product lines, Nortech Systems provides electronic monitoring and control systems.