Nortech Systems Third Quarter 2023 Earnings EPS US0.44
| NSYS Stock | USD 10.20 0.18 1.73% |
Slightly above 62% of Nortech Systems' investor base is looking to short. The analysis of overall sentiment of trading Nortech Systems Incorporated stock suggests that many investors are alarmed at this time. Nortech Systems' investing sentiment can be driven by a variety of factors including economic data, Nortech Systems' earnings reports, geopolitical events, and overall market trends.
Nortech |
Nortech Systems Third Quarter 2023 Results Key Financial Results Revenue US33.4m down 5.4 percent from 3Q...
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Nortech Systems Fundamental Analysis
We analyze Nortech Systems' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nortech Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nortech Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Liabilities
Current Liabilities Comparative Analysis
Nortech Systems is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Nortech Systems Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nortech Systems stock to make a market-neutral strategy. Peer analysis of Nortech Systems could also be used in its relative valuation, which is a method of valuing Nortech Systems by comparing valuation metrics with similar companies.
Peers
Nortech Systems Related Equities
| IRIX | IRIDEX | 1.86 | ||||
| NXL | Nexalin Technology | 1.39 | ||||
| TNON | Tenon Medical | 0.62 | ||||
| NVNO | EnVVeno Medical | 0.30 | ||||
| FNA | Paragon 28 | 0.08 | ||||
| KIDS | Orthopediatrics Corp | 0.58 | ||||
| AORT | Artivion | 1.31 | ||||
| OFIX | Orthofix Medical | 1.72 | ||||
| ELMD | Electromed | 2.11 | ||||
| SSKN | STRATA Skin | 2.86 | ||||
| NPCE | Neuropace | 3.03 | ||||
| SRDX | SurModics | 4.06 | ||||
| CVRX | CVRx | 4.94 | ||||
| BJDX | Bluejay Diagnostics | 12.80 |
Additional Tools for Nortech Stock Analysis
When running Nortech Systems' price analysis, check to measure Nortech Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nortech Systems is operating at the current time. Most of Nortech Systems' value examination focuses on studying past and present price action to predict the probability of Nortech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortech Systems' price. Additionally, you may evaluate how the addition of Nortech Systems to your portfolios can decrease your overall portfolio volatility.