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

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

Key Tronic Price Performance

Shares of KTCC opened at $3.85 on Thursday. The company has a current ratio of 2.57, a quick ratio of 1.72 and a debt-to-equity ratio of 0.88. Key Tronic has a twelve month low of $3.60 and a twelve month high of $6.14. The firm has a market capitalization of $41.43 million, a PE ratio of -385.00 and a beta of 1.54. The stock’s 50 day moving average is $4.65 and its two-hundred day moving average is $4.83.

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

Institutional Investors Weigh In On Key Tronic

A hedge fund recently bought a new stake in Key Tronic stock. Virtu Financial LLC purchased a new stake in Key Tronic Co. (NASDAQ:KTCC) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 10,972 shares of the technology company’s stock, valued at approximately $63,000. Virtu Financial LLC owned about 0.10% of Key Tronic as of its most recent SEC filing. 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.