Kimball Electronics (NASDAQ:KE) Announces Quarterly Earnings Results

Kimball Electronics (NASDAQ:KE) announced its quarterly earnings results on Tuesday. The electronics maker reported $0.29 EPS for the quarter, beating the consensus estimate of $0.24 by $0.05, Zacks reports. Kimball Electronics had a net margin of 0.78% and a return on equity of 5.63%.

Kimball Electronics Price Performance

KE stock traded up $0.34 during trading on Tuesday, hitting $17.87. The company had a trading volume of 109,166 shares, compared to its average volume of 101,034. The firm has a market capitalization of $441.03 million, a price-to-earnings ratio of 35.04 and a beta of 1.24. The company has a current ratio of 2.28, a quick ratio of 1.30 and a debt-to-equity ratio of 0.37. The business has a 50 day moving average of $18.87 and a 200 day moving average of $19.00. Kimball Electronics has a fifty-two week low of $16.64 and a fifty-two week high of $24.45.

Kimball Electronics Company Profile

Kimball Electronics, Inc engages in the provision of electronics manufacturing, engineering, and supply chain support services to customers in the automotive, medical, and industrial end markets. The Company also offers contract manufacturing services, including engineering and supply chain support for the production of electronic assemblies and other products, including non-electronic components, medical devices, medical disposables, and precision molded plastics, as well as automation, test, and inspection equipment primarily used in automotive, medical, and industrial applications.