Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Strattec Security Corporation (STRT) Stock Price
News articles about Strattec Security Corporation (NASDAQ:STRT) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Strattec Security Corporation earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news articles about the auto parts company an impact score of 47.9792738215175 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Strattec Security Corporation (STRT) traded up 1.52% during midday trading on Friday, hitting $33.45. The company’s stock had a trading volume of 14,260 shares. Strattec Security Corporation has a 52-week low of $23.00 and a 52-week high of $44.83. The stock has a 50 day moving average of $35.38 and a 200 day moving average of $31.76. The company has a market cap of $120.22 million, a PE ratio of 17.07 and a beta of 1.51.
Strattec Security Corporation (NASDAQ:STRT) last posted its earnings results on Thursday, August 10th. The auto parts company reported $0.48 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by $0.12. The business had revenue of $108.43 million during the quarter. Strattec Security Corporation had a return on equity of 4.53% and a net margin of 1.72%. On average, equities analysts expect that Strattec Security Corporation will post $2.08 EPS for the current year.
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In related news, VP Patrick J. Hansen sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, May 30th. The stock was sold at an average price of $35.01, for a total value of $87,525.00. Following the sale, the vice president now directly owns 11,561 shares of the company’s stock, valued at $404,750.61. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.80% of the stock is owned by company insiders.
About Strattec Security Corporation
Strattec Security Corporation designs, develops, manufactures and markets automotive access control products. The Company offers access control products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products for North American automotive customers.
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