Key Tronic Corporation Price & Performance (KTCC)

Key Tronic Corporation has disclosed that a ransomware incident in May 2024 resulted in more than $17 million in lost revenue and additional expenses, including $2.3 million in direct costs. Operations were halted for two weeks, but most delayed orders are expected to be fulfilled in fiscal 2025.12

Key Tronic’s stock climbed nearly 4% after a recent pivot, but analysts maintain a negative outlook, citing a 40% potential drop in the next three months. Technical signals remain bearish, and low trading volume raises concerns about risk, with support seen at $2.30 and resistance at $2.48.34

Key Tronic’s shares recently hit a 52-week low of $2.48 as the company faces a 45% stock price drop and a 20% decline in revenue over the past year. Despite a healthy current ratio, profit margins are under pressure, and management has not provided specific guidance for the next quarter.56