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

Equities research analysts at StockNews.com initiated coverage on shares of Key Tronic (NASDAQ:KTCC) in a note issued to investors on Tuesday. The firm set a “buy” rating on the technology company’s stock.

Key Tronic Stock Performance

Key Tronic stock opened at $4.41 on Tuesday. The firm has a 50 day simple moving average of $4.70 and a 200-day simple moving average of $4.35. Key Tronic has a 1-year low of $3.72 and a 1-year high of $7.02. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.64 and a quick ratio of 1.59. The stock has a market cap of $47.45 million, a price-to-earnings ratio of 10.76 and a beta of 1.43.

Key Tronic (NASDAQ:KTCC) last posted its quarterly earnings results on Tuesday, February 6th. The technology company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.02. Key Tronic had a net margin of 0.72% and a return on equity of 3.41%. The business had revenue of $145.42 million during the quarter.

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.