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

Stock analysts at StockNews.com started coverage on shares of Key Tronic (NASDAQ:KTCC) in a research note issued to investors on Wednesday. The brokerage set a “strong-buy” rating on the technology company’s stock.

Key Tronic Stock Performance

Shares of KTCC opened at $4.13 on Wednesday. Key Tronic has a 12 month low of $3.60 and a 12 month high of $6.14. The firm has a fifty day simple moving average of $4.87 and a 200 day simple moving average of $4.82. The stock has a market capitalization of $44.44 million, a price-to-earnings ratio of -413.00 and a beta of 1.54. The company has a current ratio of 2.57, a quick ratio of 1.72 and a debt-to-equity ratio of 0.88.

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

Hedge Funds Weigh In On Key Tronic

An institutional investor recently bought a new position in Key Tronic stock. Virtu Financial LLC bought a new stake in Key Tronic Co. (NASDAQ:KTCC) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 10,972 shares of the technology company’s stock, valued at approximately $63,000. Virtu Financial LLC owned 0.10% of Key Tronic as of its most recent SEC filing. 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.