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

StockNews.com began coverage on shares of Key Tronic (NASDAQ:KTCC) in a research report sent to investors on Wednesday. The brokerage issued a buy rating on the technology company’s stock.

Key Tronic Trading Down 0.7 %

NASDAQ KTCC opened at $4.36 on Wednesday. The company has a current ratio of 2.80, a quick ratio of 1.75 and a debt-to-equity ratio of 0.94. The business has a fifty day simple moving average of $3.95 and a 200 day simple moving average of $4.32. Key Tronic has a 12 month low of $3.60 and a 12 month high of $5.14. The firm has a market capitalization of $46.92 million, a P/E ratio of 218.00 and a beta of 1.49.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Key Tronic stock. Vanguard Group Inc. lifted its holdings in Key Tronic Co. (NASDAQ:KTCC) by 0.9% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 447,475 shares of the technology company’s stock after buying an additional 3,848 shares during the period. Vanguard Group Inc. owned approximately 4.16% of Key Tronic worth $2,085,000 at the end of the most recent reporting period. 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.