Nortech Systems Inc (NASDAQ: NSYS) stock enjoyed a major increase of 17.5% on 6/17/24. The shares closed at $12.88. Moreover, this advance was accompanied by exceptionally high trading volume at 404% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 16.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, NSYS is expected to continue to be an important Value Builder.
Nortech Systems has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Nortech Systems has a good Appreciation Score of 82 and a very high Power Rating of 88, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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