Citadel Advisors LLC Takes Position in Mobix Labs, Inc. (NASDAQ:MOBX)

Citadel Advisors LLC bought a new stake in Mobix Labs, Inc. (NASDAQ:MOBX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 61,270 shares of the company’s stock, valued at approximately $104,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC purchased a new position in shares of Mobix Labs in the 4th quarter valued at approximately $93,000. Geode Capital Management LLC raised its stake in Mobix Labs by 17.5% during the fourth quarter. Geode Capital Management LLC now owns 236,906 shares of the company’s stock valued at $403,000 after buying an additional 35,328 shares during the last quarter. Ieq Capital LLC raised its stake in Mobix Labs by 73.1% during the fourth quarter. Ieq Capital LLC now owns 34,620 shares of the company’s stock valued at $59,000 after buying an additional 14,620 shares during the last quarter. Finally, Coppell Advisory Solutions LLC raised its stake in Mobix Labs by 66.7% during the fourth quarter. Coppell Advisory Solutions LLC now owns 25,000 shares of the company’s stock valued at $42,000 after buying an additional 10,000 shares during the last quarter. Hedge funds and other institutional investors own 8.56% of the company’s stock.

Mobix Labs Stock Down 2.1%

Shares of NASDAQ:MOBX opened at $0.69 on Tuesday. The stock has a fifty day simple moving average of $0.75 and a two-hundred day simple moving average of $1.07. The stock has a market capitalization of $36.54 million, a price-to-earnings ratio of -0.52 and a beta of -0.20. Mobix Labs, Inc. has a 12-month low of $0.55 and a 12-month high of $2.47. The company has a current ratio of 0.13, a quick ratio of 0.09 and a debt-to-equity ratio of 0.23.

Mobix Labs (NASDAQ:MOBX) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $2.51 million for the quarter. Mobix Labs had a negative net margin of 437.57% and a negative return on equity of 866.93%.

About Mobix Labs

Mobix Labs, Inc, a fabless semiconductor company, provides wireless and connectivity solutions for next generation communication systems, including C-Band and mmWave 5G and high bandwidth cable applications. Its products include True5G chipset solutions; true xero active optical cables and related products designed to deliver fiber optic connectivity for a range of applications, including 5G infrastructure, autonomous vehicles, Pro A/V, AR/VR, remote medical systems, and others; electromagnetic interference filters deployed in aerospace, military, defense, medical, and healthcare products.