Key Technology, Inc. (KTEC) Stake Maintained by Bank of New York Mellon Corp
Bank of New York Mellon Corp held its position in shares of Key Technology, Inc. (NASDAQ:KTEC) during the first quarter, Holdings Channel reports. The institutional investor owned 10,585 shares of the industrial products company’s stock at the end of the first quarter. Bank of New York Mellon Corp’s holdings in Key Technology were worth $141,000 at the end of the most recent reporting period.
Shares of Key Technology, Inc. (NASDAQ KTEC) traded up 3.1213% during trading on Friday, hitting $14.0245. The stock had a trading volume of 2,804 shares. Key Technology, Inc. has a 1-year low of $8.92 and a 1-year high of $15.59. The firm has a 50-day moving average of $13.64 and a 200 day moving average of $13.20. The company has a market capitalization of $90.96 million, a P/E ratio of 27.0222 and a beta of 1.06.
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Separately, TheStreet upgraded Key Technology from a “c” rating to a “b” rating in a report on Friday, July 28th.
About Key Technology
Key Technology, Inc is a supplier of process automation solutions to the food processing industry and other industries, such as tobacco and pharmaceuticals. The Company designs, manufactures, sells and services automation equipment that processes product streams of discrete pieces. These systems integrate electro-optical automated inspection and digital sorting systems with other processing systems that include specialized conveying and preparation equipment.
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