How to Buy Nortech Systems Stock
Nortech Systems Inc
Nortech Systems Incorporated provides design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China.
Nortech Systems stock last closed at $16.02, down 3.44% from the previous day, and has increased 69.63% in one year. It has overperformed other stocks in the Medical Devices industry by 0.82 percentage points. Nortech Systems stock is currently +115.03% from its 52-week low of $7.45, and -16.34% from its 52-week high of $19.15.
At the moment, there are 2.74M NSYS shares outstanding. The market value of NSYS is $43.90M. In the past 24 hours, 6452 NSYS shares were traded.
How to Buy Nortech Systems Stock
Wondering how to invest in Nortech Systems stock? Here's how.
- Decide where to buy Nortech Systems stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Nortech Systems stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your method of payment and add your information.
- Analyze Nortech Systems stock: The Nortech Systems ticker symbol is NSYS. Is Nortech Systems stock a good investment? Should you buy shares of NSYS? How do NSYS's underlying business fundamentals look? Do top analysts think Nortech Systems is a good buy? Why has NSYS's stock price moved recently? (Hint: Our stock research tools can help you understand if NSYS is a good stock to buy).
- Place your NSYS purchase: Decide if you will purchase NSYS shares at the current market price or use a limit order to buy NSYS stock at a given price.
- Monitor your NSYS investment: Create a watchlist to keep tabs on your position in Nortech Systems shares.
Step 1: Decide where to buy Nortech Systems stock
You need an online brokerage account in order to access the NASDAQ market and buy NSYS stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you are able to buy NSYS stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new trading account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on a good online stock trading app, you can securely and quickly fund your account:
Check out this video walkthrough if you need help depositing money into your brokerage account.
Step 4: Analyze Nortech Systems stock
Once you have identified the best place to buy Nortech Systems stock, it's critical to analyze their stock before you buy, so you actually comprehend the risk as well as the upside.
Nortech Systems stock at a glance
NSYS Due Diligence Checks
WallStreetZen was built to help average investors perform better fundamental analysis.
You can see all of the due diligence checks on NSYS's stock page.
What is the fair value of NSYS stock?
You can use many financial metrics, analyses, models, and charts to gauge NSYS's intrinsic value.
Using relative valuations ratios:
- NSYS may be undervalued based on its P/E ratio of 6.33x, relative to Medical Devices industry P/E ratio of 28.83x
- NSYS could be undervalued based on its P/B ratio of 1.24x, relative to Medical Devices industry P/B ratio of 3.68x
- NSYS could be undervalued based on its PEG ratio of 0.08x
You can do additional valuation analysis on NSYS's stock here.
NSYS Financials at a glance
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the NSYS balance sheet.
- NSYS profit margin has gone up from 1.5% to 4.9% in the past year.
- Total NSYS debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the NSYS balance sheet.
- NSYS earnings of $5.95M is not sufficient to cover its interest payments.
Negative Health Checks:
- NSYS's operating cash flow of $1.77M allows it to safely service it's debt of $14.18M.
- NSYS has a relatively high debt to equity ratio of 1.13.
NSYS Momentum
NSYS Growth Metrics
Last year, NSYS earnings were $6.87M. During the last 5 year, NSYS's earnings have increased by 111.35% per year. This was faster than the Medical Devices industry average of 8.96%.
Last year, NSYS revenue was $139.33M. During the past 5 year, NSYS's revenue has increased by 4.21% per year. This was slower than the Medical Devices industry average of 13.04%.
You can research NSYS's earnings and revenue performance here.
Are NSYS insiders buying or selling the stock?
Over the last 12 months, executives and large shareholders at NSYS have bought more shares than they have sold.
Amy S. Fredregill, Director of NSYS, was the latest NSYS insider to buy. They bought $21,127.50 worth of NSYS shares on Nov 10, 2023.
Research more about who owns NSYS stock here.
Can I rely on NSYS as an income stream?
No, Nortech Systems doesn't provide an income stream by paying out dividends.
What others are saying about NSYS
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your NSYS purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you require additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Monitor your NSYS investment
Now that you own some NSYS stock, you'll want to keep up with your new company.
Add NSYS to a watchlist to get the latest updates about your NSYS stock.
NSYS Feed
How to Buy Stock in Nortech Systems
To summarize, here are the 6 steps to buy stock in Nortech Systems:
- Decide where to buy Nortech Systems stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Analyze Nortech Systems stock
- Place your NSYS purchase
- Monitor your NSYS investment
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your new investment in Nortech Systems, click the button below.
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