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

Investment analysts at StockNews.com initiated coverage on shares of Key Tronic (NASDAQ:KTCC) in a report released on Tuesday. The firm set a “strong-buy” rating on the technology company’s stock.

Key Tronic Stock Down 0.9 %

Shares of NASDAQ KTCC opened at $4.23 on Tuesday. The firm’s 50 day moving average price is $5.21 and its 200 day moving average price is $4.82. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.72 and a current ratio of 2.57. The firm has a market cap of $45.52 million, a P/E ratio of -423.00 and a beta of 1.54. Key Tronic has a 1 year low of $3.60 and a 1 year high of $6.14.

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

Institutional Inflows and Outflows

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