KVH Industries, Inc. (NASDAQ:KVHI - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.35 and traded as high as $5.47. KVH Industries shares last traded at $5.45, with a volume of 11,739 shares traded.
KVH Industries Stock Up 1.5%
The stock has a fifty day moving average of $5.33 and a 200-day moving average of $5.33. The firm has a market capitalization of $107.67 million, a P/E ratio of -17.25 and a beta of 0.83.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of KVHI. Hsbc Holdings PLC boosted its stake in shares of KVH Industries by 4.5% during the 4th quarter. Hsbc Holdings PLC now owns 41,830 shares of the communications equipment provider's stock worth $226,000 after acquiring an additional 1,796 shares during the period. Orion Porfolio Solutions LLC lifted its position in shares of KVH Industries by 3.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 68,829 shares of the communications equipment provider's stock valued at $367,000 after acquiring an additional 2,222 shares during the period. Geode Capital Management LLC lifted its position in shares of KVH Industries by 5.3% during 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. Northern Trust Corp lifted its position in shares of KVH Industries by 24.8% during the 4th quarter. Northern Trust Corp now owns 79,584 shares of the communications equipment provider's stock worth $454,000 after buying an additional 15,796 shares during the last quarter. Finally, Systematic Financial Management LP grew its position in KVH Industries by 1.4% during the 1st quarter. Systematic Financial Management LP now owns 1,198,028 shares of the communications equipment provider's stock worth $6,338,000 after acquiring an additional 16,471 shares during the last quarter. 73.66% of the stock is currently owned by institutional investors.
About KVH Industries
(
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.
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