Koss (NASDAQ:KOSS) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Koss (NASDAQ:KOSS) in a research note released on Thursday morning. The brokerage issued a hold rating on the stock.

Koss Price Performance

Shares of NASDAQ KOSS opened at $2.35 on Thursday. The business’s 50-day simple moving average is $2.55 and its 200-day simple moving average is $2.87. Koss has a 52 week low of $2.27 and a 52 week high of $4.66.

Koss (NASDAQ:KOSS) last posted its quarterly earnings data on Thursday, February 1st. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $3.36 million for the quarter. Koss had a negative return on equity of 3.25% and a negative net margin of 7.75%.

Institutional Trading of Koss

Hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its holdings in shares of 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 during the last quarter. LPL Financial LLC raised its stake in Koss by 12.9% during the 4th quarter. LPL Financial LLC now owns 26,937 shares of the company’s stock valued at $133,000 after purchasing an additional 3,085 shares during the last quarter. Vanguard Group Inc. raised its stake in Koss by 3.0% during the 3rd quarter. Vanguard Group Inc. now owns 231,044 shares of the company’s stock valued at $1,467,000 after purchasing an additional 6,651 shares during the last quarter. PNC Financial Services Group Inc. bought a new stake in Koss in the 4th quarter valued at $35,000. Finally, Citadel Advisors LLC acquired a new stake in Koss in the 2nd quarter worth $57,000. Institutional investors own 6.21% of the company’s stock.

Koss Company Profile

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.