Key Tronic Co. (NASDAQ:KTCC - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.65 and traded as high as $5.81. Key Tronic shares last traded at $5.65, with a volume of 25,036 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on Key Tronic in a report on Saturday, November 9th. They issued a "strong-buy" rating on the stock.
Check Out Our Latest Analysis on Key Tronic
Key Tronic Trading Up 0.5 %
The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.72 and a current ratio of 2.57. The stock has a market capitalization of $61.12 million, a price-to-earnings ratio of -565.00 and a beta of 1.51. The company's 50 day moving average is $5.66 and its 200 day moving average is $4.66.
Key Tronic (NASDAQ:KTCC - Get Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The technology company reported $0.10 EPS for the quarter. The company had revenue of $131.56 million during the quarter.
Hedge Funds Weigh In On Key Tronic
A hedge fund recently raised its stake in Key Tronic stock. Geode Capital Management LLC grew its position in Key Tronic Co. (NASDAQ:KTCC - Free Report) by 8.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 93,778 shares of the technology company's stock after acquiring an additional 7,636 shares during the period. Geode Capital Management LLC owned 0.87% of Key Tronic worth $537,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 40.69% of the company's stock.
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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