Key Technology, Inc. (KTEC) to Release Quarterly Earnings on Thursday

Key Technology, Inc. (NASDAQ:KTEC) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, November 16th. Analysts expect the company to announce earnings of $0.04 per share for the quarter.

Key Technology, Inc. (KTEC) opened at $16.24 on Thursday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.05 and a current ratio of 2.19. The company has a market capitalization of $101.33, a PE ratio of 30.04 and a beta of 1.02. Key Technology, Inc. has a 52 week low of $9.68 and a 52 week high of $19.67.

A hedge fund recently raised its stake in Key Technology stock. Northern Trust Corp grew its holdings in shares of Key Technology, Inc. (NASDAQ:KTEC) by 4.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,783 shares of the industrial products company’s stock after acquiring an additional 783 shares during the quarter. Northern Trust Corp owned 0.31% of Key Technology worth $272,000 at the end of the most recent quarter. 44.59% of the stock is currently owned by institutional investors.

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Separately, TheStreet raised Key Technology from a “c” rating to a “b” rating in a research note 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.

Earnings History for Key Technology (NASDAQ:KTEC)

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