Koss (NASDAQ:KOSS - Get Free Report) was downgraded by research analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Tuesday.
Koss Stock Up 1.5 %
Shares of KOSS traded up $0.08 during mid-day trading on Tuesday, reaching $5.53. The company had a trading volume of 38,737 shares, compared to its average volume of 82,177. Koss has a 52-week low of $2.27 and a 52-week high of $18.73. The stock has a market capitalization of $51.71 million, a P/E ratio of -69.13 and a beta of -0.65. The stock has a 50 day moving average of $6.74 and a two-hundred day moving average of $7.18.
Koss (NASDAQ:KOSS - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $0.01 EPS for the quarter. Koss had a negative return on equity of 2.42% and a negative net margin of 6.10%.
Institutional Trading of Koss
Hedge funds have recently modified their holdings of the stock. Virtu Financial LLC purchased a new stake in shares of Koss in the fourth quarter worth about $92,000. Jane Street Group LLC purchased a new position in Koss during the fourth quarter worth approximately $125,000. Citadel Advisors LLC purchased a new position in Koss during the fourth quarter worth approximately $212,000. Marshall Wace LLP purchased a new position in Koss during the fourth quarter worth approximately $447,000. Finally, Geode Capital Management LLC boosted its position in Koss by 2.9% during 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. Hedge funds and other institutional investors own 6.21% of the company's stock.
About Koss
(
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.
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