Overall market sentiment has been high on Key Tronic Corporation (KTCC) stock lately. KTCC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Key Tronic Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on KTCC!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With KTCC Stock Today?
Key Tronic Corporation (KTCC) stock has fallen -13.36% while the S&P 500 has gained 0.16% as of 12:16 PM on Wednesday, May 3. KTCC has fallen -$0.91 from the previous closing price of $6.81 on volume of 86,258 shares. Over the past year the S&P 500 is lower by -0.71% while KTCC has gained 11.53%. KTCC earned $0.37 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.77.
More About Key Tronic Corporation
Keytronic is a value-added contract manufacturer to some of the worlds leading OEMs. We specialize in PCB assembly plastic molding and full product assembly with products ranging from simple consumer devices to complex high end commercial and industrial electromechanical products. KeyTronicEMS is one of very few contract manufacturers in the $100 to $500 million dollar annual revenue range with primary manufacturing locations in both Mexico and China. There are even less companies this size that can match KeyTronicEMSs combination of off-shore world class PCB assembly plastic molding and final product assembly all under the same roof. Our size allows us to focus on accounts with low to medium volumes and higher flexibility requirements yet still provide the cost benefits of several off-shore locations normally associated only with much larger contract manufacturers. This focus allows us to provide an unparalleled level of customer service and price on midsize programs. Our unique blend of high caliber design; engineering and manufacturing services; flexibility and responsiveness to customer needs; and ability to provide a full range of product testing services have uniquely positioned KeyTronicEMS in the highly-competitive global contract manufacturing marketplace. KeyTronicEMS specializes in design for manufacturability improving product designs without sacrificing quality to lower final product costs.
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