Research analysts at StockNews.com initiated coverage on shares of Key Tronic (NASDAQ:KTCC – Get Free Report) in a research report issued on Tuesday. The brokerage set a “buy” rating on the technology company’s stock.
Key Tronic Stock Up 16.0 %
Shares of NASDAQ:KTCC opened at $4.49 on Tuesday. The stock has a market cap of $48.32 million, a P/E ratio of 224.50 and a beta of 1.49. The firm has a fifty day moving average price of $3.90 and a 200 day moving average price of $4.32. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.80 and a quick ratio of 1.75. Key Tronic has a 1-year low of $3.60 and a 1-year high of $5.75.
Institutional Trading of Key Tronic
An institutional investor recently raised its position in Key Tronic stock. Vanguard Group Inc. increased its holdings in shares of Key Tronic Co. (NASDAQ:KTCC – Free Report) by 0.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 447,475 shares of the technology company’s stock after purchasing an additional 3,848 shares during the period. Vanguard Group Inc. owned 4.16% of Key Tronic worth $2,085,000 as of its most recent SEC filing. 40.69% of the stock is owned by institutional investors.
Key Tronic Company Profile
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.
Featured Articles
- Five stocks we like better than Key Tronic
- How to Choose Top Rated Stocks
- Brinker International’s Price Dip is an Appetizing Entry Point
- Conference Calls and Individual Investors
- 3 Stocks That Could Beat the September Blues
- Insider Buying Explained: What Investors Need to Know
- Canopy Growth Stock: Can It Sustain Recent Gains?
Receive News & Ratings for Key Tronic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Key Tronic and related companies with MarketBeat.com's FREE daily email newsletter.