Stock Rating Downgrade
In the last week the Value Trend Rating for Nortech Systems Inc (NASDAQ: NSYS) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 10/25/24, Nortech Systems Inc (NASDAQ: NSYS) stock declined slightly by -0.8%, closing at $12.17. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -2.9% 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 C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Nortech Systems has a good Appreciation Score of 81 but a slightly negative Power Rating of 40, with the High Neutral Value Trend Rating the result.
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