Key Tronic Corp. (NASDAQ:KTCC) rose 3.7% during trading on Monday . The stock traded as high as $8.24 and last traded at $8.18, with a volume of 54,151 shares. The stock had previously closed at $7.89.

KTCC has been the subject of several recent analyst reports. Zacks Investment Research cut Key Tronic Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, March 30th. B. Riley restated a “buy” rating and issued a $12.00 price target on shares of Key Tronic Corp. in a research note on Thursday, May 12th.

The firm has a market capitalization of $83.97 million and a PE ratio of 12.98. The firm has a 50-day moving average of $7.57 and a 200-day moving average of $7.42.

Key Tronic Corp. (NASDAQ:KTCC) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. The business earned $123.90 million during the quarter, compared to analysts’ expectations of $118.40 million. On average, equities analysts expect that Key Tronic Corp. will post $0.51 EPS for the current fiscal year.

A hedge fund recently raised its stake in Key Tronic Corp. stock. Dimensional Fund Advisors LP boosted its stake in Key Tronic Corp. (NASDAQ:KTCC) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 886,300 shares of the company’s stock after buying an additional 3,978 shares during the period. Dimensional Fund Advisors LP owned 8.28% of Key Tronic Corp. worth $6,736,000 as of its most recent filing with the SEC.

Key Tronic Corporation is engaged in providing electronic manufacturing services and solutions for original equipment manufacturers (OEMs). The Company also manufactures keyboards and other input devices. The Company provides engineering services, procurement and distribution across the world, materials management, world-class manufacturing and assembly services, in-house testing and unparalleled customer service.

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