Key Technology, Inc. (NASDAQ:KTEC) is scheduled to announce its earnings results after the market closes on Thursday, November 16th. Analysts expect the company to announce earnings of $0.04 per share for the quarter.
Shares of Key Technology, Inc. (KTEC) opened at $15.70 on Tuesday. Key Technology, Inc. has a 1 year low of $9.68 and a 1 year high of $19.67. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.19 and a quick ratio of 1.05. The company has a market capitalization of $99.18, a P/E ratio of 29.40 and a beta of 1.02.
Separately, TheStreet upgraded Key Technology from a “c” rating to a “b” rating in a research report on Friday, July 28th.
A hedge fund recently raised its stake in Key Technology stock. Vanguard Group Inc. boosted its holdings in Key Technology, Inc. (NASDAQ:KTEC) by 1.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 138,546 shares of the industrial products company’s stock after acquiring an additional 2,030 shares during the quarter. Vanguard Group Inc. owned 2.14% of Key Technology worth $1,905,000 at the end of the most recent quarter. 44.59% of the stock is owned by institutional investors.
About Key Technology
Key Technology, Inc is a supplier of process automation solutions to the food processing industry and other industries, such as tobacco and pharmaceuticals. The Company designs, manufactures, sells and services automation equipment that processes product streams of discrete pieces. These systems integrate electro-optical automated inspection and digital sorting systems with other processing systems that include specialized conveying and preparation equipment.
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