Shares of KVH Industries, Inc. (NASDAQ:KVHI - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.44 and traded as high as $5.49. KVH Industries shares last traded at $5.31, with a volume of 19,739 shares traded.
KVH Industries Stock Down 0.8%
The company has a market cap of $103.10 million, a PE ratio of -10.73 and a beta of 0.80. The stock's 50 day simple moving average is $5.21 and its two-hundred day simple moving average is $5.43.
KVH Industries (NASDAQ:KVHI - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The communications equipment provider reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.05). KVH Industries had a negative return on equity of 4.47% and a negative net margin of 8.72%. The firm had revenue of $25.41 million for the quarter, compared to analyst estimates of $28.39 million.
Institutional Trading of KVH Industries
A number of institutional investors have recently modified their holdings of the company. Kovack Advisors Inc. acquired a new position in KVH Industries during the fourth quarter valued at approximately $197,000. Geode Capital Management LLC raised its stake in shares of KVH Industries by 5.3% in the 4th quarter. Geode Capital Management LLC now owns 147,176 shares of the communications equipment provider's stock valued at $839,000 after acquiring an additional 7,466 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of KVH Industries by 23.8% during the 4th quarter. Renaissance Technologies LLC now owns 249,915 shares of the communications equipment provider's stock valued at $1,425,000 after acquiring an additional 48,002 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of KVH Industries during the 4th quarter valued at $121,000. Finally, Dimensional Fund Advisors LP boosted its position in KVH Industries by 2.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 840,622 shares of the communications equipment provider's stock worth $4,791,000 after purchasing an additional 18,448 shares during the period. Hedge funds and other institutional investors own 73.66% of the company's stock.
KVH Industries Company Profile
(
Get Free Report)
KVH Industries, Inc, together with its subsidiaries, engages in the design, development, manufacture, and marketing of mobile connectivity solutions for the marine and land mobile markets in the United States and internationally. The company offers Internet and VoIP airtime services; AgilePlans, a Connectivity as a Service solution; KVH Link, a crew wellbeing content subscription service with delivery by IP-Mobilecast; and OpenNet, a KVH VSAT data delivering service for non-KVH Ku-band VSAT terminals.
Featured Stories
Before you consider KVH Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KVH Industries wasn't on the list.
While KVH Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
