Key Tronic (NASDAQ:KTCC) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Key Tronic (NASDAQ:KTCC) in a research report report published on Wednesday. The brokerage issued a strong-buy rating on the technology company’s stock.

Key Tronic Price Performance

KTCC opened at $4.08 on Wednesday. Key Tronic has a one year low of $3.60 and a one year high of $6.14. The company has a fifty day moving average price of $4.91 and a 200-day moving average price of $4.83. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.72 and a current ratio of 2.57.

Key Tronic (NASDAQ:KTCC) last posted 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.

Institutional Investors Weigh In On Key Tronic

An institutional investor recently bought a new position in Key Tronic stock. Virtu Financial LLC acquired a new stake in shares of Key Tronic Co. (NASDAQ:KTCC) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 10,972 shares of the technology company’s stock, valued at approximately $63,000. Virtu Financial LLC owned approximately 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.

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.