Koss (NASDAQ:KOSS) Upgraded to “Hold” at StockNews.com

StockNews.com upgraded shares of Koss (NASDAQ:KOSS) from a sell rating to a hold rating in a research note issued to investors on Monday.

Koss Trading Up 0.7 %

Shares of NASDAQ KOSS opened at $6.02 on Monday. Koss has a 12-month low of $2.27 and a 12-month high of $18.73. The company has a market cap of $56.29 million, a PE ratio of -75.25 and a beta of -0.65. The stock has a 50 day simple moving average of $7.20 and a 200-day simple moving average of $7.49.

Koss (NASDAQ:KOSS) last released its quarterly earnings results on Thursday, January 30th. The company reported $0.01 earnings per share (EPS) for the quarter. Koss had a negative return on equity of 2.42% and a negative net margin of 6.10%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Koss stock. Dimensional Fund Advisors LP grew its position in shares of Koss Co. (NASDAQ:KOSS) by 7.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 145,958 shares of the company’s stock after purchasing an additional 9,813 shares during the quarter. Dimensional Fund Advisors LP owned 1.58% of Koss worth $650,000 as of its most recent filing with the SEC. 6.21% of the stock is currently owned by institutional investors.

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.