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

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

Key Tronic Trading Up 1.2 %

Key Tronic stock opened at $4.28 on Tuesday. The company has a market cap of $46.06 million, a price-to-earnings ratio of -428.00 and a beta of 1.54. The firm has a 50-day moving average of $5.17 and a 200-day moving average of $4.82. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.57 and a quick ratio of 1.72. Key Tronic has a one year low of $3.60 and a one year high of $6.14.

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

Institutional Trading of Key Tronic

An institutional investor recently bought a new position in Key Tronic stock. Virtu Financial LLC bought a new stake in Key Tronic Co. (NASDAQ:KTCC) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 10,972 shares of the technology company’s stock, valued at approximately $63,000. Virtu Financial LLC owned 0.10% of Key Tronic as of its most recent filing with the SEC. Hedge funds and other institutional investors own 40.69% of the company’s stock.

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.