Key Tronic Co. (NASDAQ:KTCC - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.48 and traded as high as $5.90. Key Tronic shares last traded at $5.90, with a volume of 6,493 shares traded.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on Key Tronic in a research note on Thursday. They issued a "buy" rating on the stock.
Check Out Our Latest Stock Analysis on KTCC
Key Tronic Price Performance
The company has a quick ratio of 1.75, a current ratio of 2.80 and a debt-to-equity ratio of 0.94. The firm's fifty day moving average price is $5.17 and its 200 day moving average price is $4.49. The stock has a market cap of $64.14 million, a PE ratio of 298.00 and a beta of 1.51.
Key Tronic (NASDAQ:KTCC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The technology company reported $0.11 EPS for the quarter. Key Tronic had a negative net margin of 0.14% and a positive return on equity of 0.28%. The business had revenue of $125.69 million for the quarter.
Institutional Investors Weigh In On Key Tronic
A hedge fund recently raised its stake in Key Tronic stock. Vanguard Group Inc. grew its holdings in shares of Key Tronic Co. (NASDAQ:KTCC - Free Report) by 0.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 447,475 shares of the technology company's stock after buying an additional 3,848 shares during the quarter. Vanguard Group Inc. owned 4.16% of Key Tronic worth $2,085,000 at the end of the most recent reporting period. Hedge funds and other institutional investors 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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