Key Technology Director Charles H. Stonecipher Buys 1,568 Shares (KTEC)
Key Technology (NASDAQ:KTEC) Director Charles H. Stonecipher acquired 1,568 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were purchased at an average cost of $12.36 per share, with a total value of $19,380.48. Following the transaction, the director now directly owns 31,825 shares in the company, valued at approximately $393,357. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Needham & Company reiterated a “hold” rating on shares of Key Technology in a research note on Friday, November 15th.
Key Technology (NASDAQ:KTEC) traded down 0.89% during mid-day trading on Tuesday, hitting $12.20. 1,268 shares of the company’s stock traded hands. Key Technology has a one year low of $10.75 and a one year high of $16.40. The stock’s 50-day moving average is $13.63 and its 200-day moving average is $14.01. The company has a market cap of $76.6 million and a price-to-earnings ratio of 33.36.
Key Technology (NASDAQ:KTEC) last announced its earnings results on Thursday, January 30th. The company reported ($0.16) earnings per share (EPS) for the quarter. On average, analysts predict that Key Technology will post $0.40 earnings per share for the current fiscal year.
Key Technology, Inc (NASDAQ:KTEC) is a global supplier of process automation solutions to the food processing industry and other industries, such as tobacco and pharmaceuticals.
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