Reasons Why You Should Avoid Betting on Kennametal Stock Now

Kennametal Inc. (KMT) has failed to impress investors with its recent operational performance due to weakness across its businesses and high operational expenses.Based in Pittsburgh, PA, Kennametal is a manufacturer, marketer and distributor of high-speed metal cutting tools, tooling systems and wear-resistant parts. Let’s discuss the factors that continue taking a toll on the firm.Factors Affecting KMTBusiness Weakness: Weakness in both segments remains a concern for Kennametal. The decrease in demand acro ...