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

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

Key Tronic Price Performance

NASDAQ KTCC opened at $5.90 on Friday. The business’s fifty day moving average is $5.54 and its 200 day moving average is $4.61. Key Tronic has a fifty-two week low of $3.60 and a fifty-two week high of $6.14. 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 market capitalization of $63.48 million, a PE ratio of -588.00 and a beta of 1.51.

Key Tronic (NASDAQ:KTCC) last released its earnings results on Tuesday, November 5th. The technology company reported $0.10 earnings per share (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) by 0.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 447,475 shares of the technology company’s stock after acquiring an additional 3,848 shares during the period. Vanguard Group Inc. owned 4.16% of Key Tronic worth $2,085,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.