Key Tronic Co. (NASDAQ:KTCC) Stake Boosted by Geode Capital Management LLC

Geode Capital Management LLC increased its position in shares of Key Tronic Co. (NASDAQ:KTCC) by 8.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 93,778 shares of the technology company’s stock after purchasing an additional 7,636 shares during the period. Geode Capital Management LLC’s holdings in Key Tronic were worth $537,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Key Tronic Stock Performance

KTCC stock opened at $4.12 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.72 and a current ratio of 2.57. The stock has a market capitalization of $44.34 million, a price-to-earnings ratio of -412.00 and a beta of 1.54. Key Tronic Co. has a 1 year low of $3.60 and a 1 year high of $6.14. The stock’s fifty day moving average is $5.03 and its two-hundred day moving average is $4.83.

Key Tronic (NASDAQ:KTCC) last posted its earnings results on Tuesday, November 5th. The technology company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $131.56 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Key Tronic in a research note on Tuesday, January 7th. They set a “strong-buy” rating on the stock.

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.