KVH Industries, Inc. (NASDAQ:KVHI - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.22 and traded as high as $5.92. KVH Industries shares last traded at $5.85, with a volume of 14,072 shares trading hands.
KVH Industries Stock Performance
The company has a 50-day simple moving average of $5.85 and a 200 day simple moving average of $5.26. The company has a market capitalization of $112.06 million, a P/E ratio of -5.84 and a beta of 0.68.
Institutional Trading of KVH Industries
A number of hedge funds have recently bought and sold shares of KVHI. Hsbc Holdings PLC raised its position in shares of KVH Industries by 4.5% during the fourth quarter. Hsbc Holdings PLC now owns 41,830 shares of the communications equipment provider's stock valued at $226,000 after buying an additional 1,796 shares during the last quarter. Barclays PLC increased its stake in KVH Industries by 4.2% during the third quarter. Barclays PLC now owns 65,466 shares of the communications equipment provider's stock valued at $316,000 after acquiring an additional 2,645 shares during the period. State Street Corp raised its holdings in KVH Industries by 6.0% in the 3rd quarter. State Street Corp now owns 59,980 shares of the communications equipment provider's stock valued at $290,000 after acquiring an additional 3,400 shares in the last quarter. Geode Capital Management LLC raised its holdings in 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 in the last quarter. Finally, Northern Trust Corp increased its position in shares of KVH Industries by 24.8% during the fourth quarter. Northern Trust Corp now owns 79,584 shares of the communications equipment provider's stock valued at $454,000 after purchasing an additional 15,796 shares during the period. 73.66% of the stock is 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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