CompX International (NYSE:CIX - Get Free Report) was upgraded by research analysts at StockNews.com from a "buy" rating to a "strong-buy" rating in a research note issued to investors on Saturday.
CompX International Price Performance
Shares of NYSE:CIX traded down $0.68 during midday trading on Friday, hitting $23.26. 11,005 shares of the company's stock were exchanged, compared to its average volume of 15,612. The stock has a 50 day moving average price of $24.23 and a 200-day moving average price of $26.85. The company has a market cap of $286.33 million, a PE ratio of 14.10 and a beta of 0.76. CompX International has a 12 month low of $17.39 and a 12 month high of $39.91.
CompX International (NYSE:CIX - Get Free Report) last released its quarterly earnings results on Tuesday, May 7th. The company reported $0.31 earnings per share for the quarter. CompX International had a net margin of 12.78% and a return on equity of 12.14%. The business had revenue of $38.00 million for the quarter.
Institutional Inflows and Outflows
An institutional investor recently raised its position in CompX International stock. BNP Paribas Financial Markets raised its stake in CompX International Inc. (NYSE:CIX - Free Report) by 998.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,471 shares of the company's stock after acquiring an additional 4,973 shares during the quarter. BNP Paribas Financial Markets' holdings in CompX International were worth $188,000 as of its most recent filing with the Securities & Exchange Commission. 7.50% of the stock is owned by institutional investors.
CompX International Company Profile
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CompX International Inc manufactures and sells security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines.
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