Nortech Systems Inc (NASDAQ: NSYS) stock closed at $13.40 on 3/21/24 after a major increase of 25.4%. Moreover, trading volume in this advance was exceptionally high at 1685% of normal. The stock has risen 18.2% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
NSYS’ future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Nortech Systems has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Nortech Systems has a slightly negative Appreciation Score of 36 but a slightly positive Power Rating of 67, with the Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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