Marquette Asset Management LLC increased its stake in Key Tronic Co. (NASDAQ:KTCC) by 35.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,510 shares of the technology company’s stock after acquiring an additional 13,117 shares during the period. Marquette Asset Management LLC’s holdings in Key Tronic were worth $386,000 at the end of the most recent reporting period.
Separately, Ancora Advisors LLC raised its holdings in shares of Key Tronic by 23.3% during the 3rd quarter. Ancora Advisors LLC now owns 199,453 shares of the technology company’s stock valued at $1,526,000 after purchasing an additional 37,639 shares in the last quarter. Institutional investors and hedge funds own 44.82% of the company’s stock.
Shares of KTCC stock opened at $6.15 on Wednesday. Key Tronic Co. has a 12-month low of $6.14 and a 12-month high of $8.60. The stock has a market cap of $67.57 million, a P/E ratio of 21.21 and a beta of -0.03. The company has a quick ratio of 1.02, a current ratio of 2.04 and a debt-to-equity ratio of 0.24.
Separately, ValuEngine lowered shares of Key Tronic from a “hold” rating to a “sell” rating in a research report on Thursday, November 1st.
Key Tronic Company Profile
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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