Shares of CompX International Inc. (NYSE:CIX – Get Free Report) crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $36.21 and traded as high as $37.35. CompX International shares last traded at $36.23, with a volume of 13,712 shares.
CompX International Price Performance
The company has a market capitalization of $446.46 million, a price-to-earnings ratio of 23.84 and a beta of 0.84. The firm’s 50-day simple moving average is $36.21 and its two-hundred day simple moving average is $27.75.
CompX International Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Thursday, September 3rd were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $1.20 annualized dividend and a dividend yield of 3.3%. CompX International’s payout ratio is 67.04%.
Insider Activity at CompX International
In related news, Director Ann Manix sold 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $29.60, for a total value of $44,400.00. Following the sale, the director owned 8,775 shares in the company, valued at $259,740. This represents a 14.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.43% of the stock is owned by company insiders.
Institutional Trading of CompX International
A hedge fund recently raised its stake in CompX International stock. IFP Advisors Inc raised its position in CompX International Inc. (NYSE:CIX – Free Report) by 95,000.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 951 shares of the company’s stock after purchasing an additional 950 shares during the period. IFP Advisors Inc’s holdings in CompX International were worth $36,000 at the end of the most recent reporting period. 7.50% of the stock is owned by hedge funds and other institutional investors.
About CompX International
CompX International Inc is a diversified manufacturer of security products and marine components. The company serves original equipment manufacturers, distributors and other industrial customers through operations focused primarily on the North American market, with products also sold internationally.
CompX’s Security Products segment manufactures mechanical and electronic locks, cabinet locks, ignition switches and related access-control products. These products are used in applications including office furniture, recreational vehicles, vending equipment, postal equipment, transportation and industrial systems.
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