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

Equities research analysts at StockNews.com began coverage on shares of Key Tronic (NASDAQ:KTCC) in a research 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 %

KTCC stock opened at $5.94 on Friday. The company has a market cap of $63.91 million, a price-to-earnings ratio of -594.00 and a beta of 1.51. The company has a fifty day moving average price of $5.51 and a 200 day moving average price of $4.60. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.77 and a quick ratio of 1.76. Key Tronic has a 12 month low of $3.60 and a 12 month high of $6.14.

Key Tronic (NASDAQ:KTCC) last released its quarterly earnings results on Tuesday, November 5th. The technology company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $131.56 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 position in shares of Key Tronic Co. (NASDAQ:KTCC) by 0.9% in the first quarter, according to the company in its most recent 13F filing 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 as of its most recent filing with the SEC. 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.