Key Tronic (NASDAQ:KTCC) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Key Tronic (NASDAQ:KTCC) in a research note issued to investors on Friday. The firm issued a buy rating on the technology company’s stock.

Key Tronic Trading Up 1.3 %

Shares of Key Tronic stock opened at $3.82 on Friday. The firm has a market cap of $41.10 million, a PE ratio of 191.00 and a beta of 1.48. Key Tronic has a 1 year low of $3.60 and a 1 year high of $6.24. The company has a 50 day simple moving average of $4.07 and a two-hundred day simple moving average of $4.37. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.80 and a quick ratio of 1.75.

Key Tronic (NASDAQ:KTCC) last posted its quarterly earnings results on Tuesday, May 7th. The technology company reported ($0.21) EPS for the quarter, hitting the consensus estimate of ($0.21). The firm had revenue of $140.53 million for the quarter. Key Tronic had a net margin of 0.04% and a return on equity of 0.20%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Key Tronic stock. Vanguard Group Inc. increased its position in Key Tronic Co. (NASDAQ:KTCC) by 0.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 Securities & Exchange Commission. Institutional investors 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.