Key Tronic (NASDAQ:KTCC) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Key Tronic (NASDAQ:KTCC) in a report published on Wednesday morning. The brokerage issued a buy rating on the technology company’s stock.

Key Tronic Price Performance

Shares of Key Tronic stock opened at $4.29 on Wednesday. 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 business’s 50 day simple moving average is $4.65 and its two-hundred day simple moving average is $4.36. The stock has a market capitalization of $46.16 million, a P/E ratio of 10.46 and a beta of 1.43. Key Tronic has a one year low of $3.72 and a one year high of $7.01.

Key Tronic (NASDAQ:KTCC) last announced its quarterly earnings results on Tuesday, February 6th. The technology company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. Key Tronic had a return on equity of 3.41% and a net margin of 0.72%. The business had revenue of $145.42 million for 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.