Nortech Systems Inc (NASDAQ: NSYS) stock enjoyed a major increase of 10.7% on 4/9/24. The shares closed at $17.51. Moreover, exceptionally high trading volume at 309% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 23.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NSYS is expected to continue to be a Value Builder.
Nortech Systems has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Nortech Systems has a slightly positive Appreciation Score of 69 and a good Power Rating of 79, leading to the Highest Value Trend Rating.
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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