Koss Co. (NASDAQ:KOSS – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.05 and traded as high as $6.10. Koss shares last traded at $6.00, with a volume of 153,181 shares trading hands.
Analysts Set New Price Targets
Separately, Wall Street Zen lowered Koss from a “hold” rating to a “sell” rating in a research note on Monday, May 5th.
View Our Latest Stock Report on KOSS
Koss Trading Up 2.9%
Koss (NASDAQ:KOSS – Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.03) earnings per share (EPS) for the quarter. Koss had a negative net margin of 6.10% and a negative return on equity of 2.42%.
Institutional Investors Weigh In On Koss
Several hedge funds and other institutional investors have recently modified their holdings of KOSS. Virtu Financial LLC purchased a new stake in shares of Koss in the fourth quarter worth approximately $92,000. Marshall Wace LLP purchased a new stake in shares of Koss in the fourth quarter worth approximately $447,000. Jane Street Group LLC purchased a new stake in shares of Koss in the fourth quarter worth approximately $125,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Koss in the fourth quarter worth approximately $212,000. 6.21% of the stock is currently owned by hedge funds and other institutional investors.
About Koss
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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