StockNews.com Begins Coverage on Key Tronic (NASDAQ:KTCC)

StockNews.com began coverage on shares of Key Tronic (NASDAQ:KTCC) in a report released on Wednesday. The brokerage issued a buy rating on the technology company’s stock.

Key Tronic Stock Up 0.5 %

Shares of NASDAQ:KTCC opened at $4.36 on Wednesday. The company has a market capitalization of $46.92 million, a price-to-earnings ratio of 10.63 and a beta of 1.45. 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 $4.64 and its 200-day moving average is $4.36. Key Tronic has a 1 year low of $3.72 and a 1 year high of $6.24.

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

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.