Key Tronic (NASDAQ:KTCC) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Key Tronic (NASDAQ:KTCC) in a report published on Friday. The brokerage issued a strong-buy rating on the technology company’s stock.

Key Tronic Stock Performance

NASDAQ KTCC opened at $3.65 on Friday. The company has a 50-day moving average of $4.49 and a 200-day moving average of $4.83. The company has a quick ratio of 1.72, a current ratio of 2.57 and a debt-to-equity ratio of 0.88. Key Tronic has a 12 month low of $3.60 and a 12 month high of $6.14.

Key Tronic (NASDAQ:KTCC) last posted its quarterly earnings results on Tuesday, November 5th. The technology company reported $0.10 earnings per share for the quarter. The company had revenue of $131.56 million for the quarter.

Hedge Funds Weigh In On Key Tronic

An institutional investor recently bought a new position in Key Tronic stock. Virtu Financial LLC purchased a new stake in shares of Key Tronic Co. (NASDAQ:KTCC) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,972 shares of the technology company’s stock, valued at approximately $63,000. Virtu Financial LLC owned approximately 0.10% of Key Tronic as of its most recent SEC filing. Institutional investors own 40.69% of the company’s stock.

Key Tronic Company Profile

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.