Mon, Jan 26, 2015, 10:49 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Nortech Systems Inc. Message Board

  • dm.debbie dm.debbie May 7, 2012 12:45 PM Flag

    Minnesota's Top 100 Companies

    The 2011 stats are just out and Nortech jumped one notch from 65th largest MN company in 2010 to 64th largest company with sales revenue of 114 million, profit of 1.2 million, and capitalization of 10.8 million. Note how this compares to the average stats of the bottom 10 companies with average sales revenue of 17 million, loss of 1 million, and capitalization of 26 million. Nortech’s revenue is 8 times greater than the average bottom 10 companies but the bottom 10 companies’ average capitalization is 2 ½ times greater than Nortech.

    Management please please put some sort of stock program in place to increase the number of shares outstanding to at least try to eventually put Nortech on par with the bottom 10 companies. Don’t need to go hog wild but can do it in incremental steps such as an initially stock split increasing outstanding shares by just 25 percent. Please note that a stock split doesn’t dilute any shareholders ownership interest

    SortNewest  |  Oldest  |  Most Replied Expand all replies
5.53-0.05(-0.90%)Jan 26 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.