Key Tronic (NASDAQ:KTCC) Shares Cross Above 200-Day Moving Average of $0.00

Key Tronic Co. (NASDAQ:KTCC)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $5.04. Key Tronic shares last traded at $5.04, with a volume of 100 shares trading hands.

A number of equities analysts have commented on the stock. TheStreet lowered shares of ZTO Express (Cayman) from a “b+” rating to a “c” rating in a research report on Wednesday, May 1st. ValuEngine upgraded shares of Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research report on Monday, April 1st.

The stock has a market cap of $54.23 million, a PE ratio of 17.38 and a beta of 0.41. The company has a quick ratio of 1.06, a current ratio of 2.14 and a debt-to-equity ratio of 0.24. The business’s 50-day moving average price is $5.09.

Key Tronic (NASDAQ:KTCC) last released its quarterly earnings results on Tuesday, April 30th. The technology company reported $0.02 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.02. Key Tronic had a negative net margin of 1.59% and a positive return on equity of 3.86%. The firm had revenue of $107.95 million for the quarter.

Several hedge funds have recently made changes to their positions in KTCC. Ancora Advisors LLC lifted its position in shares of Key Tronic by 1.4% during the fourth quarter. Ancora Advisors LLC now owns 202,203 shares of the technology company’s stock worth $1,142,000 after purchasing an additional 2,750 shares in the last quarter. Moors & Cabot Inc. lifted its position in shares of Key Tronic by 7.4% during the first quarter. Moors & Cabot Inc. now owns 370,050 shares of the technology company’s stock worth $2,280,000 after purchasing an additional 25,375 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Key Tronic by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 891,765 shares of the technology company’s stock worth $5,038,000 after purchasing an additional 6,871 shares in the last quarter. Finally, Tieton Capital Management LLC lifted its position in shares of Key Tronic by 33.5% during the first quarter. Tieton Capital Management LLC now owns 816,833 shares of the technology company’s stock worth $5,040,000 after purchasing an additional 205,012 shares in the last quarter. Institutional investors own 46.15% of the company’s stock.

About Key Tronic (NASDAQ:KTCC)

Key Tronic Corporation, doing business as KeyTronicEMS Co, provides electronic manufacturing services (EMS) and solutions 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.

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