Key Technology Director Purchases $16,116 in Stock (KTEC)
Key Technology (NASDAQ:KTEC) Director Charles H. Stonecipher bought 1,268 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were purchased at an average price of $12.71 per share, for a total transaction of $16,116.28. Following the transaction, the director now directly owns 34,257 shares of the company’s stock, valued at approximately $435,406. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Key Technology (NASDAQ:KTEC) traded up 3.12% during mid-day trading on Wednesday, hitting $12.91. The stock had a trading volume of 4,779 shares. Key Technology has a 52 week low of $10.75 and a 52 week high of $16.40. The stock has a 50-day moving average of $13.28 and a 200-day moving average of $13.92. The company has a market cap of $81.2 million and a P/E ratio of 33.93.
Key Technology (NASDAQ:KTEC) last posted its earnings results on Thursday, January 30th. The company reported ($0.16) earnings per share (EPS) for the quarter. Analysts expect that Key Technology will post $0.40 EPS 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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