Strattec Security Corporation (NASDAQ:STRT - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $44.72 and traded as high as $70.58. Strattec Security shares last traded at $71.98, with a volume of 123,178 shares trading hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen lowered Strattec Security from a "strong-buy" rating to a "buy" rating in a research report on Saturday.
Get Our Latest Report on STRT
Strattec Security Price Performance
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 company has a market cap of $277.47 million, a P/E ratio of 13.44, a P/E/G ratio of 1.47 and a beta of 1.39. The firm has a 50 day moving average price of $52.60 and a two-hundred day moving average price of $45.14.
Strattec Security (NASDAQ:STRT - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The auto parts company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.55. The company had revenue of $144.08 million during the quarter, compared to the consensus estimate of $140.84 million. Strattec Security had a return on equity of 9.66% and a net margin of 3.60%. On average, analysts predict that Strattec Security Corporation will post 3.67 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in STRT. Truffle Hound Capital LLC bought a new position in shares of Strattec Security during the 4th quarter worth $5,150,000. American Century Companies Inc. purchased a new stake in shares of Strattec Security in the 4th quarter valued at about $560,000. JPMorgan Chase & Co. raised its holdings in shares of Strattec Security by 172.0% during the 4th quarter. JPMorgan Chase & Co. now owns 4,392 shares of the auto parts company's stock valued at $181,000 after buying an additional 2,777 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new position in shares of Strattec Security during the 4th quarter valued at about $960,000. Finally, Integrated Quantitative Investments LLC purchased a new position in shares of Strattec Security during the 4th quarter valued at about $227,000. Institutional investors own 68.91% of the company's stock.
Strattec Security Company Profile
(
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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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