Key Tronic (NASDAQ:KTCC) Stock Price Crosses Above 200-Day Moving Average of $4.36

Key Tronic Co. (NASDAQ:KTCC) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.36 and traded as high as $4.60. Key Tronic shares last traded at $4.54, with a volume of 28,979 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Key Tronic in a research note on Thursday. They issued a “buy” rating on the stock.

Key Tronic Stock Up 4.1 %

The firm has a market capitalization of $48.86 million, a PE ratio of 11.07 and a beta of 1.45. The stock has a 50-day simple moving average of $4.62 and a 200-day simple moving average of $4.36. The company has a quick ratio of 1.59, a current ratio of 2.64 and a debt-to-equity ratio of 0.87.

Key Tronic (NASDAQ:KTCC) last announced its quarterly earnings data on Tuesday, February 6th. The technology company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.02. The company 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%.

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.