CompX International (NYSE:CIX) Trading Down 2.4% – What’s Next?

CompX International Inc. (NYSE:CIX) traded down 2.4% during mid-day trading on Friday . The company traded as low as $23.50 and last traded at $23.50. 1,865 shares traded hands during trading, a decline of 32% from the average session volume of 2,725 shares. The stock had previously closed at $24.07.

CompX International Trading Down 2.4%

The company’s 50 day simple moving average is $23.54 and its 200 day simple moving average is $23.63. The stock has a market capitalization of $289.59 million, a PE ratio of 15.46 and a beta of 1.07.

Hedge Funds Weigh In On CompX International

An institutional investor recently raised its position in CompX International stock. Geode Capital Management LLC raised its holdings in CompX International Inc. (NYSE:CIX) by 3.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,092 shares of the company’s stock after buying an additional 1,217 shares during the quarter. Geode Capital Management LLC owned approximately 0.30% of CompX International worth $863,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 7.50% of the company’s stock.

CompX International Company Profile

CompX International Inc is a U.S.-based manufacturer specializing in security and specialty products for industrial, residential and marine markets. Headquartered in Dallas, Texas, the company designs, engineers and assembles a broad range of hardware solutions that combine durable materials with precision components. Its product portfolio caters to original equipment manufacturers (OEMs), distributors and retail outlets, positioning CompX as a key supplier across multiple end-use sectors.

The company’s Security Products segment offers mechanical and electronic locking solutions, door and cabinet hardware, and cam-action assemblies.