Key Tronic Co. (NASDAQ:KTCC) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC raised its position in Key Tronic Co. (NASDAQ:KTCC) by 8.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,778 shares of the technology company’s stock after acquiring an additional 7,636 shares during the quarter. Geode Capital Management LLC owned 0.87% of Key Tronic worth $537,000 at the end of the most recent quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Key Tronic in a research report on Tuesday, January 7th. They issued a “strong-buy” rating for the company.

Key Tronic Stock Performance

Key Tronic stock opened at $4.12 on Friday. The stock has a market cap of $44.34 million, a P/E ratio of -412.00 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. The stock has a 50 day moving average of $5.03 and a 200-day moving average of $4.83. Key Tronic Co. has a 52 week low of $3.60 and a 52 week high of $6.14.

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

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.