Strattec Security Corporation (NASDAQ:STRT - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $43.80 and traded as high as $58.76. Strattec Security shares last traded at $57.92, with a volume of 60,026 shares traded.
Strattec Security Price Performance
The stock's fifty day moving average price is $48.74 and its 200-day moving average price is $44.09. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.72 and a current ratio of 2.33. The firm has a market cap of $254.45 million, a PE ratio of 12.33, a P/E/G ratio of 1.39 and a beta of 1.39.
Strattec Security (NASDAQ:STRT - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The auto parts company reported $1.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.55. The business had revenue of $144.08 million during the quarter, compared to the consensus estimate of $140.84 million. Strattec Security had a net margin of 3.60% and a return on equity of 9.66%. As a group, equities analysts forecast that Strattec Security Corporation will post 3.67 EPS for the current fiscal year.
Hedge Funds Weigh In On Strattec Security
Large investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC purchased a new position in shares of Strattec Security in the 4th quarter valued at about $33,000. Point72 Asia Singapore Pte. Ltd. increased its holdings in shares of Strattec Security by 57.1% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,715 shares of the auto parts company's stock valued at $71,000 after purchasing an additional 623 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in shares of Strattec Security in the 1st quarter valued at about $91,000. Bank of America Corp DE increased its holdings in shares of Strattec Security by 137.9% in the 4th quarter. Bank of America Corp DE now owns 2,208 shares of the auto parts company's stock valued at $91,000 after purchasing an additional 1,280 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Strattec Security by 172.0% in the 4th quarter. JPMorgan Chase & Co. now owns 4,392 shares of the auto parts company's stock valued at $181,000 after purchasing an additional 2,777 shares in the last quarter. Hedge funds and other institutional investors own 68.91% of the company's stock.
Strattec Security Company Profile
(
Get Free Report)
Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. The company provides mechanical and electronically enhanced locks and keys, passive entry passive start systems, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate and lift gate systems, power deck lid systems, door handles, and related products.
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