Koss (NASDAQ:KOSS - Get Free Report) was downgraded by investment analysts at StockNews.com from a "hold" rating to a "sell" rating in a note issued to investors on Tuesday.
Koss Stock Performance
Shares of KOSS traded up $0.08 during trading hours on Tuesday, reaching $5.53. 38,737 shares of the company traded hands, compared to its average volume of 82,177. The stock's fifty day moving average is $6.74 and its 200 day moving average is $7.18. The stock has a market cap of $51.71 million, a P/E ratio of -69.13 and a beta of -0.65. Koss has a 1-year low of $2.27 and a 1-year high of $18.73.
Koss (NASDAQ:KOSS - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.01 EPS for the quarter. Koss had a negative net margin of 6.10% and a negative return on equity of 2.42%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in KOSS. Virtu Financial LLC acquired a new position in Koss in the fourth quarter worth about $92,000. Jane Street Group LLC acquired a new position in Koss in the fourth quarter worth about $125,000. Citadel Advisors LLC acquired a new position in Koss in the fourth quarter worth about $212,000. Marshall Wace LLP acquired a new position in Koss in the fourth quarter worth about $447,000. Finally, Geode Capital Management LLC raised its position in Koss by 2.9% in the third quarter. Geode Capital Management LLC now owns 61,211 shares of the company's stock worth $452,000 after purchasing an additional 1,744 shares in the last quarter. Institutional investors and hedge funds 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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