Sei Investments Co. Grows Position in Key Tronic Corporation $KTCC

Sei Investments Co. raised its holdings in Key Tronic Corporation (NASDAQ:KTCC) by 105.7% in the first quarter, Holdings Channel.com reports. The fund owned 345,650 shares of the technology company’s stock after buying an additional 177,591 shares during the quarter. Sei Investments Co.’s holdings in Key Tronic were worth $944,000 at the end of the most recent reporting period.

Separately, Moors & Cabot Inc. grew its stake in shares of Key Tronic by 27.8% during the 3rd quarter. Moors & Cabot Inc. now owns 162,950 shares of the technology company’s stock worth $582,000 after purchasing an additional 35,400 shares during the period. Hedge funds and other institutional investors own 40.69% of the company’s stock.

Key Tronic Stock Performance

NASDAQ KTCC opened at $3.86 on Thursday. Key Tronic Corporation has a 1-year low of $2.40 and a 1-year high of $4.42. The company has a market capitalization of $41.92 million, a P/E ratio of -2.41 and a beta of 1.19. The business has a 50 day moving average price of $3.94 and a 200 day moving average price of $3.31. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.06 and a quick ratio of 1.21.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Key Tronic in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

About Key Tronic

Key Tronic Corporation (NASDAQ: KTCC) is a global electronics manufacturer headquartered in Spokane, Washington. The company specializes in the design, development and production of human-machine interfaces and input devices, with a core legacy in keyboard technology. Over more than five decades, Key Tronic has expanded its capabilities beyond keyboards to encompass a broad range of electronic assemblies for OEMs across computing, industrial, medical and consumer markets.

Key Tronic’s product portfolio includes membrane and mechanical keyboards, touch panels, silicone keypads and custom input solutions tailored to customer specifications.