Trade Strattec - STRT CFD

Trading Conditions

• Spread: 0.86
• Long position overnight feeLong position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position-0.026179 %(-US$1.05)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: -0.026179%
• Short position overnight feeShort position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position0.003957 %(US$0.16)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: 0.003957%
• Overnight fee time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20
• Stock exchange: United States of America
• Commission on trade: 0%

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: -0.026179 %
  (-US$1.05)

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: 0.003957 %
  (US$0.16)

Key Stats

• Prev. Close: 21.97
• Open: 22.37
• 1-Year Change: 13.44%
• Day's Range: 21.97 - 22.73

Strattec Company profile

About Strattec Security Corp.

STRATTEC SECURITY CORPORATION involves designing, developing, manufacturing and marketing automotive access control products. It offers access control products including mechanical locks and keys, electronically enhanced locks and keys, passive entry passive start systems (PEPS), steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate systems, power lift gate systems, power deck lid systems, door handles and related products for primarily North American automotive customers. The Company supplies its products under the VAST brand name. The Company’s products are shipped to customer locations in the United States, Canada, Mexico, Europe, South America, Korea, China and India, and It provide full service and aftermarket support for each VAST Automotive Group partners’ products. The Company provides its customers with engineered access control products, including locksets, fobs, push button ignition systems and other products.

Financial summary

BRIEF: For the 26 weeks ended 26 December 2021, Strattec Security Corp. revenues decreased 16% to $213.2M. Net income decreased 77% to $3.5M. Revenues reflect Door Handles & Exterior Trim segment decrease of 25% to $51.9M, Keys & Locksets segment decrease of 21% to $49.5M. Net income also reflects Selling/General/Admin. Expense increase of 8% to $23.4M (expense), Equity earnings of joint ventures decrease of 81% to $364K (income).

Equity composition

Common Stock $.01 Par, 03/11, 12M auth., 6,917,957 issd., less 3,631,840 shs. in Treas. @ $136M. Insiders & Strategic holders own 2.96%. 9/94, Company formed as a subsidiary of Briggs & Stratton. 2/95, Company distributed 1 share for every 5 shares of Briggs & Stratton.