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

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

Key Tronic Stock Down 0.4 %

Shares of NASDAQ:KTCC opened at $2.69 on Wednesday. The company has a quick ratio of 1.71, a current ratio of 2.78 and a debt-to-equity ratio of 0.89. The business has a fifty day moving average of $3.46 and a two-hundred day moving average of $4.63. The stock has a market cap of $28.95 million, a P/E ratio of -4.72 and a beta of 1.52. Key Tronic has a 52-week low of $2.50 and a 52-week high of $6.14.

Key Tronic (NASDAQ:KTCC) last issued its earnings results on Tuesday, February 4th. The technology company reported ($0.38) earnings per share (EPS) for the quarter. Key Tronic had a negative net margin of 1.17% and a negative return on equity of 3.23%.

Institutional Trading of Key Tronic

Large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its holdings in shares of Key Tronic by 8.9% during the 3rd quarter. Geode Capital Management LLC now owns 93,778 shares of the technology company’s stock worth $537,000 after purchasing an additional 7,636 shares during the period. Virtu Financial LLC purchased a new position in shares of Key Tronic during the 3rd quarter worth $63,000. Tieton Capital Management LLC grew its holdings in shares of Key Tronic by 23.1% during the 4th quarter. Tieton Capital Management LLC now owns 749,083 shares of the technology company’s stock worth $3,124,000 after purchasing an additional 140,573 shares during the period. Renaissance Technologies LLC grew its holdings in shares of Key Tronic by 63.5% during the 4th quarter. Renaissance Technologies LLC now owns 95,300 shares of the technology company’s stock worth $397,000 after purchasing an additional 37,000 shares during the period. Finally, Kennedy Capital Management LLC grew its holdings in shares of Key Tronic by 9.3% during the 4th quarter. Kennedy Capital Management LLC now owns 141,625 shares of the technology company’s stock worth $591,000 after purchasing an additional 12,023 shares during the period. 40.69% of the stock is currently owned by hedge funds and other 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.