Adirondack Research & Management Inc. decreased its holdings in shares of Key Tronic Co. (NASDAQ:KTCC) by 22.1% during the fourth quarter, Holdings Channel reports. The fund owned 58,088 shares of the technology company’s stock after selling 16,471 shares during the period. Adirondack Research & Management Inc.’s holdings in Key Tronic were worth $396,000 as of its most recent SEC filing.
Separately, ValuEngine upgraded Key Tronic from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th.
Shares of Key Tronic Co. (KTCC) opened at $7.21 on Monday. Key Tronic Co. has a 52 week low of $6.69 and a 52 week high of $8.00. The firm has a market capitalization of $77.58, a PE ratio of 21.85 and a beta of 0.13. The company has a current ratio of 2.16, a quick ratio of 0.86 and a debt-to-equity ratio of 0.28.
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Key Tronic Profile
Key Tronic Corporation, doing business as KeyTronicEMS Co, is engaged in contract manufacturing for a range of products. The Company provides electronic manufacturing services (EMS) and solutions to original equipment manufacturers (OEMs) of a range of products. The Company provides engineering services, procurement and distribution, materials management, manufacturing and assembly services, in-house testing, and customer service.
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