On 11/7/24, Nortech Systems Inc (NASDAQ: NSYS) stock suffered a major decline of -13.2%, closing at $10.24. Moreover, exceptionally high trading volume at 403% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -15.1% 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). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Nortech Systems has a good Appreciation Score of 82 but a slightly negative Power Rating of 38, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this highly negative 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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