StockNews.com assumed coverage on shares of Key Tronic (NASDAQ:KTCC – Get Rating) in a report released on Wednesday. The brokerage issued a hold rating on the technology company's stock.
Key Tronic Price Performance
NASDAQ KTCC opened at $5.24 on Wednesday. Key Tronic has a twelve month low of $4.24 and a twelve month high of $7.00. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.15 and a current ratio of 2.09. The stock has a market capitalization of $56.38 million, a PE ratio of 17.47 and a beta of 1.54. The stock has a 50-day simple moving average of $4.72 and a 200 day simple moving average of $5.27.
Get Key Tronic alerts:Hedge Funds Weigh In On Key Tronic
Several large investors have recently made changes to their positions in the business. State Street Corp acquired a new position in shares of Key Tronic during the 1st quarter worth about $66,000. Ancora Advisors LLC raised its holdings in Key Tronic by 20.3% in the 1st quarter. Ancora Advisors LLC now owns 119,073 shares of the technology company's stock valued at $918,000 after acquiring an additional 20,100 shares in the last quarter. Vanguard Group Inc. raised its holdings in Key Tronic by 6.0% in the 1st quarter. Vanguard Group Inc. now owns 436,002 shares of the technology company's stock valued at $2,463,000 after acquiring an additional 24,521 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Key Tronic by 0.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 797,145 shares of the technology company's stock valued at $4,504,000 after acquiring an additional 7,277 shares in the last quarter. Finally, Shufro Rose & Co. LLC acquired a new position in Key Tronic in the 1st quarter valued at approximately $110,000. Institutional investors and hedge funds own 42.84% of the company's stock.
About Key Tronic
(Get Rating)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; automated tape winding; prototype design; and full product assembly services.
Featured Stories
- Get a free copy of the StockNews.com research report on Key Tronic (KTCC)
- 2 EV Suppliers Powering To Gains After Raising Views
- Applied Materials Results Show A Slowing Semiconductor Market
- MarketBeat: Week in Review 8/15 – 8/19
- Apple's Stock Could Be On The Verge Of Another 30% Rally
- Near-Term Headwinds Present An Opportunity In Ross Stores
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.