Koss (NASDAQ:KOSS – Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($0.02) earnings per share for the quarter, FiscalAI reports. The business had revenue of $3.09 million during the quarter. Koss had a negative return on equity of 2.89% and a negative net margin of 7.22%.
Koss Trading Down 0.6%
Shares of NASDAQ KOSS opened at $3.39 on Friday. The business has a fifty day simple moving average of $3.62 and a 200 day simple moving average of $3.93. Koss has a one year low of $3.30 and a one year high of $5.19. The firm has a market capitalization of $32.10 million, a price-to-earnings ratio of -37.67 and a beta of 1.63.
Institutional Investors Weigh In On Koss
Large investors have recently made changes to their positions in the stock. James Investment Research Inc. raised its holdings in Koss by 46.3% in the 1st quarter. James Investment Research Inc. now owns 15,475 shares of the company’s stock valued at $55,000 after acquiring an additional 4,900 shares during the period. NewEdge Advisors LLC increased its position in shares of Koss by 46.3% during the first quarter. NewEdge Advisors LLC now owns 15,475 shares of the company’s stock worth $55,000 after buying an additional 4,900 shares during the period. Finally, BlackRock Inc. acquired a new position in Koss in the second quarter valued at approximately $381,000. Institutional investors own 6.21% of the company’s stock.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Koss in a report on Friday, September 25th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, Koss has an average rating of “Sell”.
View Our Latest Stock Report on KOSS
Koss Company Profile
Koss Corporation (NASDAQ: KOSS) is an American audio equipment company headquartered in Milwaukee, Wisconsin. The company designs, manufactures and sells headphones and related personal audio products for consumers and professional users.
Koss’s product portfolio includes wired stereo headphones, wireless and Bluetooth headphones, true wireless earbuds, communication headsets and accessories. Its products are sold through retailers, distributors and online channels under the Koss brand.
The company was founded in 1953 by John C.
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