Key Tronic Corp (NASDAQ: KTCC) stock closed at $4.49 on 8/14/24 after a major increase of 16.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 463% of normal. The stock has risen 13.1% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, KTCC is expected to be Value Creation neutral.
Key Tronic has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Key Tronic has a good Appreciation Score of 84 but a neutral Power Rating of 46, triggering the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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