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

StockNews.com initiated coverage on shares of Key Tronic (NASDAQ:KTCC) in a report issued on Tuesday. The brokerage set a “buy” rating on the technology company’s stock.

Key Tronic Price Performance

Shares of NASDAQ KTCC opened at $4.61 on Tuesday. Key Tronic has a 52 week low of $3.72 and a 52 week high of $7.02. The stock has a market cap of $49.61 million, a price-to-earnings ratio of 11.24 and a beta of 1.43. The company’s 50-day moving average price is $4.70 and its 200 day moving average price is $4.35. The company has a current ratio of 2.64, a quick ratio of 1.59 and a debt-to-equity ratio of 0.87.

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

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.