StockNews.com assumed coverage on shares of Key Tronic (NASDAQ:KTCC – Free Report) in a research note issued to investors on Wednesday. The brokerage issued a strong-buy rating on the technology company’s stock.
Key Tronic Price Performance
KTCC opened at $2.69 on Wednesday. The stock’s 50-day moving average price is $3.46 and its 200 day moving average price is $4.63. Key Tronic has a 12-month low of $2.50 and a 12-month high of $6.14. The company has a current ratio of 2.78, a quick ratio of 1.71 and a debt-to-equity ratio of 0.89. The firm has a market cap of $28.95 million, a price-to-earnings ratio of -4.72 and a beta of 1.52.
Key Tronic (NASDAQ:KTCC – Get Free Report) last posted 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 return on equity of 3.23% and a negative net margin of 1.17%.
Institutional Investors Weigh In On Key Tronic
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.
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