Investment analysts at StockNews.com initiated coverage on shares of Key Tronic (NASDAQ:KTCC - Get Free Report) in a note issued to investors on Saturday. The firm set a "strong-buy" rating on the technology company's stock.
Key Tronic Stock Down 0.5 %
Shares of KTCC traded down $0.03 on Friday, reaching $5.94. The stock had a trading volume of 13,951 shares, compared to its average volume of 21,491. The firm has a market capitalization of $63.93 million, a price-to-earnings ratio of -594.00 and a beta of 1.51. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.76 and a current ratio of 2.77. The company has a 50-day simple moving average of $5.51 and a 200-day simple moving average of $4.60. Key Tronic has a 12-month low of $3.60 and a 12-month high of $6.14.
Key Tronic (NASDAQ:KTCC - Get Free Report) last released its earnings results on Tuesday, November 5th. The technology company reported $0.10 EPS for the quarter. The firm had revenue of $131.56 million during the quarter.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Key Tronic stock. Vanguard Group Inc. boosted its stake in shares of Key Tronic Co. (NASDAQ:KTCC - Free Report) by 0.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 447,475 shares of the technology company's stock after buying an additional 3,848 shares during the period. Vanguard Group Inc. owned approximately 4.16% of Key Tronic worth $2,085,000 at the end of the most recent reporting period. 40.69% of the stock is owned by hedge funds and other institutional investors.
Key Tronic Company Profile
(
Get Free Report)
Key Tronic Corporation provides contract manufacturing services to original equipment manufacturers in the United States and internationally. The company offers integrated electronic and mechanical engineering, assembly, sourcing and procurement, logistics, and new product testing services. Its services include product design; surface mount technologies and pin through hole capability for printed circuit board assembly; tool making; precision plastic molding; sheet metal fabrication and painting; liquid injection molding; complex assembly; prototype design; and full product assembly services.
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