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

Investment analysts at StockNews.com assumed coverage on shares of Key Tronic (NASDAQ:KTCC) in a report released on Tuesday. The brokerage set a “strong-buy” rating on the technology company’s stock.

Key Tronic Trading Down 0.5 %

Shares of Key Tronic stock opened at $4.26 on Tuesday. The stock has a market capitalization of $45.85 million, a PE ratio of -426.00 and a beta of 1.54. Key Tronic has a 52 week low of $3.60 and a 52 week high of $6.14. The stock has a 50 day moving average price of $5.10 and a two-hundred day moving average price of $4.82. 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 announced its quarterly 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 Trading of Key Tronic

An institutional investor recently bought a new position in Key Tronic stock. Virtu Financial LLC purchased a new stake in Key Tronic Co. (NASDAQ:KTCC) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent quarter. 40.69% of the stock is owned by institutional investors and hedge funds.

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.