Key Tronic (NASDAQ:KTCC) Research Coverage Started at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Key Tronic (NASDAQ:KTCCGet Free Report) in a note issued to investors on Sunday. The brokerage set a “buy” rating on the technology company’s stock.

Separately, TheStreet downgraded Key Tronic from a “c” rating to a “d+” rating in a research note on Tuesday, October 31st.

Get Our Latest Research Report on KTCC

Key Tronic Stock Up 0.4 %

Shares of NASDAQ:KTCC opened at $4.72 on Friday. The company has a market capitalization of $50.79 million, a price-to-earnings ratio of 11.51 and a beta of 1.41. 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 moving average is $4.27 and its 200-day moving average is $4.41. Key Tronic has a 1 year low of $3.72 and a 1 year high of $7.53.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp acquired a new position in Key Tronic during the 1st quarter worth approximately $66,000. O Shaughnessy Asset Management LLC acquired a new position in Key Tronic during the 1st quarter worth approximately $87,000. Millennium Management LLC acquired a new position in Key Tronic during the 4th quarter worth approximately $54,000. Susquehanna International Group LLP acquired a new position in Key Tronic during the 1st quarter worth approximately $128,000. Finally, Royal Bank of Canada raised its stake in Key Tronic by 42.8% during the 2nd quarter. Royal Bank of Canada now owns 24,135 shares of the technology company’s stock worth $137,000 after buying an additional 7,235 shares during the period.

About Key Tronic

(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.

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