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

StockNews.com started 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

NASDAQ:KOSS opened at $2.35 on Thursday. The firm has a 50-day moving average of $2.55 and a two-hundred day moving average of $2.87. Koss has a 1-year low of $2.27 and a 1-year high of $4.66.

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

Institutional Trading of Koss

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Koss by 2.9% during the 3rd quarter. Vanguard Group Inc. now owns 259,021 shares of the company’s stock worth $767,000 after acquiring an additional 7,408 shares in the last quarter. Citadel Advisors LLC bought a new stake in Koss in the second quarter valued at about $57,000. Millennium Management LLC acquired a new stake in Koss during the fourth quarter valued at approximately $216,000. PNC Financial Services Group Inc. acquired a new stake in Koss during the fourth quarter valued at approximately $35,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Koss by 1.7% during the 4th 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. 6.21% of the stock is owned by institutional investors and hedge funds.

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.