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

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

Key Tronic Trading Down 0.2 %

Shares of NASDAQ KTCC opened at $4.24 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.80 and a quick ratio of 1.75. The stock has a market cap of $45.62 million, a P/E ratio of 212.00 and a beta of 1.45. Key Tronic has a 1 year low of $3.72 and a 1 year high of $6.24. The firm has a 50-day moving average of $4.52 and a 200 day moving average of $4.39.

Hedge Funds Weigh In On Key Tronic

A hedge fund recently raised its stake in Key Tronic stock. Vanguard Group Inc. lifted its holdings in Key Tronic Co. (NASDAQ:KTCC) by 0.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 447,475 shares of the technology company’s stock after acquiring an additional 3,848 shares during the period. Vanguard Group Inc. owned 4.16% of Key Tronic worth $2,085,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 40.69% of the company’s stock.

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.