Key Tronic (NASDAQ:KTCC) Announces Quarterly Earnings Results

Key Tronic (NASDAQ:KTCC) issued its earnings results on Tuesday. The technology company reported ($0.38) earnings per share for the quarter, Zacks reports.

Key Tronic Stock Performance

Shares of KTCC stock opened at $3.60 on Wednesday. Key Tronic has a 52 week low of $3.58 and a 52 week high of $6.14. The company has a current ratio of 2.57, a quick ratio of 1.72 and a debt-to-equity ratio of 0.88. The company’s fifty day simple moving average is $4.41 and its two-hundred day simple moving average is $4.84.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Key Tronic in a report on Friday, January 31st. They issued a “strong-buy” rating for the company.

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.