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

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

Key Tronic Stock Performance

NASDAQ KTCC opened at $4.17 on Thursday. Key Tronic has a 52-week low of $3.60 and a 52-week high of $6.14. The stock has a market cap of $44.87 million, a PE ratio of -417.00 and a beta of 1.54. The firm has a 50-day moving average of $4.72 and a 200-day moving average of $4.84. 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 issued its quarterly earnings data 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 for the quarter.

Institutional Inflows and Outflows

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) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,972 shares of the technology company’s stock, valued at approximately $63,000. Virtu Financial LLC owned approximately 0.10% of Key Tronic as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other 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.