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

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

Key Tronic Stock Performance

Shares of KTCC stock opened at $4.36 on Wednesday. The firm has a market cap of $46.91 million, a P/E ratio of 10.63 and a beta of 1.45. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.64 and a quick ratio of 1.59. Key Tronic has a fifty-two week low of $3.72 and a fifty-two week high of $6.24. The stock’s 50-day moving average is $4.64 and its two-hundred day moving average is $4.36.

Key Tronic (NASDAQ:KTCC) last released its quarterly earnings data on Tuesday, February 6th. The technology company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. The firm had revenue of $145.42 million for the quarter. Key Tronic had a return on equity of 3.41% and a net margin of 0.72%.

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.