Koss (NASDAQ:KOSS) Share Price Passes Below 200 Day Moving Average – Here’s Why

Koss Corporation (NASDAQ:KOSS)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.32 and traded as low as $4.84. Koss shares last traded at $4.86, with a volume of 38,245 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Koss in a research report on Wednesday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Koss Price Performance

The firm has a market capitalization of $45.98 million, a price-to-earnings ratio of -53.99 and a beta of -1.90. The firm’s fifty day moving average is $5.70 and its 200 day moving average is $5.32.

Koss (NASDAQ:KOSS) last posted its quarterly earnings results on Thursday, August 28th. The company reported ($0.02) EPS for the quarter. The company had revenue of $3.08 million for the quarter. Koss had a negative return on equity of 2.85% and a negative net margin of 6.94%.

About Koss

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.