Key Tronic (NASDAQ:KTCC) Earns Buy Rating from Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Key Tronic (NASDAQ:KTCC) in a research note issued to investors on Thursday. The brokerage set a “buy” rating on the technology company’s stock.

Key Tronic Stock Up 4.1 %

Shares of NASDAQ:KTCC opened at $4.54 on Thursday. Key Tronic has a 52 week low of $3.72 and a 52 week high of $6.24. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.59 and a current ratio of 2.64. The company has a market cap of $48.86 million, a PE ratio of 11.07 and a beta of 1.45. The firm has a 50 day simple moving average of $4.62 and a 200 day simple moving average of $4.36.

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

Key Tronic Company Profile

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.