Key Tronic (NASDAQ:KTCC) Earns Strong-Buy Rating from Analysts at StockNews.com

Posted by Erica Schwartz on Jan 10th, 2025

StockNews.com started coverage on shares of Key Tronic (NASDAQ:KTCC – Free Report) in a report released on Tuesday. The brokerage issued a strong-buy rating on the technology company’s stock.

Key Tronic Trading Down 0.5 %

Shares of Key Tronic stock opened at $4.26 on Tuesday. Key Tronic has a 12-month low of $3.60 and a 12-month high of $6.14. The company has a quick ratio of 1.72, a current ratio of 2.57 and a debt-to-equity ratio of 0.88. The business’s 50 day moving average is $5.07 and its 200-day moving average is $4.82. The stock has a market cap of $45.85 million, a P/E ratio of -426.00 and a beta of 1.54.

Key Tronic (NASDAQ:KTCC – Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The technology company reported $0.10 earnings per share for the quarter. The business had revenue of $131.56 million during the quarter.

Institutional Trading of Key Tronic

An institutional investor recently raised its position in Key Tronic stock. Geode Capital Management LLC increased its position in Key Tronic Co. (NASDAQ:KTCC – Free Report) by 8.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 93,778 shares of the technology company’s stock after buying an additional 7,636 shares during the quarter. Geode Capital Management LLC owned 0.87% of Key Tronic worth $537,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 40.69% of the company’s stock.

Key Tronic Company Profile

(Get Free Report)

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.