Koss (NASDAQ:KOSS) Now Covered by Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of Koss (NASDAQ:KOSSGet Free Report) in a report released on Tuesday. The brokerage set a “hold” rating on the stock.

Koss Price Performance

Shares of KOSS opened at $2.54 on Tuesday. The firm has a market capitalization of $23.50 million, a PE ratio of -21.17 and a beta of -0.89. The company’s 50-day moving average is $2.66 and its 200-day moving average is $2.93. Koss has a fifty-two week low of $2.45 and a fifty-two week high of $4.80.

Koss (NASDAQ:KOSSGet Free Report) last released its quarterly earnings results on Thursday, February 1st. The company reported ($0.03) EPS for the quarter. Koss had a negative net margin of 7.75% and a negative return on equity of 3.25%. The business had revenue of $3.36 million during the quarter.

Hedge Funds Weigh In On Koss

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Koss by 22.0% in the first quarter. Vanguard Group Inc. now owns 224,393 shares of the company’s stock valued at $2,056,000 after acquiring an additional 40,462 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Koss by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 141,995 shares of the company’s stock worth $693,000 after buying an additional 2,330 shares in the last quarter. Millennium Management LLC acquired a new stake in Koss during the second quarter worth about $264,000. LPL Financial LLC grew its stake in Koss by 43.9% during the second quarter. LPL Financial LLC now owns 23,852 shares of the company’s stock worth $166,000 after buying an additional 7,280 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in Koss during the second quarter worth about $57,000. 6.21% of the stock is currently owned by institutional investors and hedge funds.

Koss Company Profile

(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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