Shares of Koss Co. (NASDAQ:KOSS - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.05 and traded as high as $6.10. Koss shares last traded at $6.00, with a volume of 153,181 shares changing hands.
Analyst Ratings Changes
Separately, Wall Street Zen downgraded Koss from a "hold" rating to a "sell" rating in a research report on Monday, May 5th.
View Our Latest Stock Report on Koss
Koss Price Performance
The stock has a 50-day simple moving average of $4.94 and a 200-day simple moving average of $6.02. The stock has a market cap of $55.60 million, a PE ratio of -74.13 and a beta of -1.61.
Koss (NASDAQ:KOSS - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.03) earnings per share for the quarter. Koss had a negative return on equity of 2.42% and a negative net margin of 6.10%.
Institutional Investors Weigh In On Koss
Several institutional investors and hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC purchased a new stake in shares of Koss in the fourth quarter worth about $212,000. Jane Street Group LLC purchased a new stake in shares of Koss in the fourth quarter worth about $125,000. Marshall Wace LLP purchased a new stake in shares of Koss in the fourth quarter worth about $447,000. Finally, Virtu Financial LLC purchased a new stake in shares of Koss in the fourth quarter worth about $92,000. Hedge funds and other institutional investors own 6.21% of the company's stock.
Koss Company Profile
(
Get Free Report)
Koss Corporation, together with its subsidiaries, engages in the design, manufacture, and sale of stereo headphones and related accessories in the United States, the Czech Republic, Sweden, Canada, Korea, Republic of Belgium, Malaysia, and internationally. It offers high-fidelity headphones, wireless bluetooth headphones, wireless bluetooth speakers, computer headsets, telecommunications headsets, and active noise canceling headphones.
Further Reading
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