Strattec Security (NASDAQ:STRT) Stock Passes Above 200 Day Moving Average - Time to Sell?

Strattec Security Co. (NASDAQ:STRT - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $42.78 and traded as high as $61.44. Strattec Security shares last traded at $59.32, with a volume of 52,505 shares trading hands.

Strattec Security Stock Performance

The stock has a 50-day moving average price of $43.70 and a 200-day moving average price of $42.78. The firm has a market capitalization of $241.58 million, a PE ratio of 14.49, a price-to-earnings-growth ratio of 1.37 and a beta of 1.39. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.60 and a quick ratio of 1.77.

Strattec Security (NASDAQ:STRT - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The auto parts company reported $1.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.95 by $0.55. Strattec Security had a net margin of 2.92% and a return on equity of 7.76%. The business had revenue of $144.08 million during the quarter, compared to the consensus estimate of $140.84 million. On average, research analysts expect that Strattec Security Co. will post 3.67 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of STRT. Truffle Hound Capital LLC purchased a new stake in Strattec Security during the fourth quarter valued at about $5,150,000. Peapod Lane Capital LLC acquired a new position in Strattec Security in the fourth quarter worth approximately $2,934,000. Susquehanna International Group LLP bought a new position in shares of Strattec Security during the 4th quarter valued at $1,765,000. American Century Companies Inc. raised its holdings in Strattec Security by 217.1% during the first quarter. American Century Companies Inc. now owns 43,088 shares of the auto parts company's stock valued at $1,700,000 after buying an additional 29,498 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC bought a new position in shares of Strattec Security in the 4th quarter valued at approximately $960,000. Institutional investors own 68.91% of the company's stock.

Strattec Security Company Profile

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.