Koss Co. (NASDAQ:KOSS)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.54 and traded as high as $2.18. Koss shares last traded at $2.17, with a volume of 9,991 shares traded.
Separately, ValuEngine cut Koss from a “buy” rating to a “hold” rating in a research report on Tuesday, July 28th.
The firm has a 50-day moving average of $2.14 and a 200-day moving average of $1.55. The stock has a market cap of $16.07 million, a PE ratio of -36.17 and a beta of 1.37.
Koss (NASDAQ:KOSS) last released its quarterly earnings results on Thursday, August 20th. The company reported $0.02 earnings per share for the quarter. The business had revenue of $3.95 million during the quarter. Koss had a negative return on equity of 3.12% and a negative net margin of 2.54%.
An institutional investor recently raised its position in Koss stock. Minerva Advisors LLC raised its position in shares of Koss Co. (NASDAQ:KOSS) by 5.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220,257 shares of the company’s stock after buying an additional 11,527 shares during the quarter. Minerva Advisors LLC owned about 2.97% of Koss worth $178,000 as of its most recent SEC filing. 7.06% of the stock is owned by hedge funds and other institutional investors.
Koss Company Profile (NASDAQ:KOSS)
Koss Corporation, together with its subsidiaries, designs, manufactures, and sells stereo headphones and related accessories in the United States, People's Republic of China, Czech Republic, Sweden, Malaysia, Canada, Russia, and internationally. It offers high-fidelity headphones, wireless Bluetooth headphones, wireless Bluetooth speakers, computer headsets, telecommunications headsets, and active noise canceling headphones.
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