Strattec Security Corporation (NASDAQ:STRT - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $46.09 and traded as high as $64.60. Strattec Security shares last traded at $63.01, with a volume of 108,527 shares.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen cut shares of Strattec Security from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 5th.
View Our Latest Stock Report on Strattec Security
Strattec Security Stock Performance
The business's fifty day simple moving average is $57.69 and its 200-day simple moving average is $46.48. 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 capitalization of $251.53 million, a PE ratio of 12.19, a price-to-earnings-growth ratio of 1.29 and a beta of 1.39.
Strattec Security (NASDAQ:STRT - Get Free Report) last posted its earnings results 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. The firm had revenue of $144.08 million during the quarter, compared to analyst estimates 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 research analysts expect that Strattec Security Corporation will post 3.67 EPS for the current year.
Institutional Trading of Strattec Security
Several institutional investors and hedge funds have recently made changes to their positions in STRT. Truffle Hound Capital LLC acquired a new position in shares of Strattec Security during the fourth quarter valued at about $5,150,000. Susquehanna International Group LLP purchased a new stake in Strattec Security in the 4th quarter worth approximately $1,765,000. American Century Companies Inc. boosted its position in Strattec Security by 217.1% in the 1st quarter. American Century Companies Inc. now owns 43,088 shares of the auto parts company's stock worth $1,700,000 after purchasing an additional 29,498 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new stake in Strattec Security in the 4th quarter worth approximately $960,000. Finally, Informed Momentum Co LLC purchased a new stake in Strattec Security in the 1st quarter worth approximately $899,000. 68.91% of the stock is currently owned by institutional investors.
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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