Equities researchers at StockNews.com initiated coverage on shares of Key Tronic (NASDAQ:KTCC – Get Free Report) in a report released on Wednesday. The firm set a “buy” rating on the technology company’s stock.
Key Tronic Trading Down 1.5 %
Shares of KTCC opened at $5.72 on Wednesday. The firm has a fifty day simple moving average of $4.92 and a two-hundred day simple moving average of $4.43. Key Tronic has a twelve month low of $3.60 and a twelve month high of $6.14. The stock has a market capitalization of $61.56 million, a P/E ratio of 286.00 and a beta of 1.51. The company has a quick ratio of 1.75, a current ratio of 2.80 and a debt-to-equity ratio of 0.94.
Key Tronic (NASDAQ:KTCC – Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The technology company reported $0.11 earnings per share (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 Inflows and Outflows
About Key Tronic
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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