Shares of Koss Co. (NASDAQ:KOSS - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.01 and traded as high as $6.09. Koss shares last traded at $5.81, with a volume of 43,608 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen cut shares of Koss from a "hold" rating to a "sell" rating in a report on Monday, May 5th.
Get Our Latest Report on Koss
Koss Trading Down 3.9%
The company has a market cap of $53.63 million, a price-to-earnings ratio of -71.50 and a beta of -1.61. The firm's fifty day simple moving average is $4.98 and its 200 day simple moving average is $6.01.
Koss (NASDAQ:KOSS - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.03) EPS for the quarter. Koss had a negative return on equity of 2.42% and a negative net margin of 6.10%.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the stock. Marshall Wace LLP purchased a new stake in Koss in the 4th quarter valued at $447,000. Citadel Advisors LLC purchased a new stake in Koss in the 4th quarter valued at $212,000. Jane Street Group LLC purchased a new stake in Koss in the 4th quarter valued at $125,000. Finally, Virtu Financial LLC purchased a new stake in Koss in the 4th quarter valued at $92,000. Institutional investors and hedge funds own 6.21% of the company's stock.
About Koss
(
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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.
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