BidaskClub upgraded shares of Kimball Electronics (NASDAQ:KE) from a sell rating to a hold rating in a report published on Monday, BidAskClub reports.

Separately, TheStreet downgraded shares of Kimball Electronics from a b- rating to a c+ rating in a report on Wednesday, September 4th.

Shares of NASDAQ:KE opened at $15.05 on Monday. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.25. Kimball Electronics has a 12 month low of $12.48 and a 12 month high of $20.19. The company has a 50-day moving average price of $14.38 and a 200 day moving average price of $15.34. The company has a market cap of $382.56 million, a price-to-earnings ratio of 13.27 and a beta of 1.07.

Kimball Electronics (NASDAQ:KE) last announced its quarterly earnings results on Wednesday, July 31st. The electronics maker reported $0.29 EPS for the quarter. Kimball Electronics had a net margin of 2.67% and a return on equity of 8.63%. The firm had revenue of $318.62 million during the quarter.

Several large investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. lifted its stake in Kimball Electronics by 175.7% in the second quarter. Russell Investments Group Ltd. now owns 723,783 shares of the electronics maker’s stock worth $11,752,000 after purchasing an additional 461,238 shares during the last quarter. Nuveen Asset Management LLC bought a new stake in Kimball Electronics in the second quarter worth about $2,846,000. Ancora Advisors LLC lifted its stake in Kimball Electronics by 54.9% in the second quarter. Ancora Advisors LLC now owns 292,195 shares of the electronics maker’s stock worth $4,745,000 after purchasing an additional 103,568 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in Kimball Electronics by 65.9% in the second quarter. CIBC Private Wealth Group LLC now owns 146,368 shares of the electronics maker’s stock worth $2,377,000 after purchasing an additional 58,148 shares during the last quarter. Finally, IndexIQ Advisors LLC bought a new stake in Kimball Electronics in the first quarter worth about $750,000. 62.07% of the stock is owned by hedge funds and other institutional investors.

About Kimball Electronics

Kimball Electronics, Inc, a contract electronic manufacturing services company, engages in producing various electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services.

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