How have the shares performed?
Koss Corporation (KOSS) saw an uptrend of 1.10% in the recent trading with $23.07 being its most recent. The current price level -81.90% lower than the highest price of $127.45 marked by the stock while trading over the past 52-weeks, whereas it is 2016.51% higher than the lowest price of $1.09 the company dropped to over past 52-weeks. The latest news story on KOSS appeared in Yahoo Finance under the title “AMC, Gamestop: Meme stocks roar back, fueled by Reddit-inspired traders” on May-28-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -20.09% below one month high and is +48.17% above of the lowest during that time. Looking into the simple moving average, Koss Corporation (KOSS)’s stock stands at a SMA-50 of $19.72 while that of 5-day is reading $20.85.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and KOSS’s SMA-200 as of now is $10.43.
Koss Corporation Earnings – What Happened With KOSS
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $3.99 billion.
KOSS – Koss Corporation Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 8.10 million. KOSS does have institutional investors; and they hold 7.50% of the stock.
Koss Corporation – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 7 new insider purchases involving 73,333 shares. On the other hand, KOSS declared 1,215,343 shares have been sold in 70 insider transactions over the past three months.
As on Mar 30, 2021, Dimensional Fund Advisors LP was the top most holder in Koss Corporation (NASDAQ:KOSS) with an ownership of 0.15 million shares of the company or 1.77% of the stake worth $3.38 million. The filing also reveals Invesco Ltd. as the second largest holder in the company with a control over 1.41% of the outstanding shares. Its stake is worth $2.7 million for having 0.12 million shares in hand.
Vanguard Group, Inc. (The) also came holding a key position in the company during the recent quarter and it now holds 0.55% of the outstanding shares. With this there are now 28 institutions which have possession in KOSS’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Koss Corporation was 4.64 while posting a debt to equity ratio of 0.00. The count was 15.21 for long-term debt to equity ratio.
Koss Corporation’s return on equity, or ROE, is 1.90%, compared to the industry average of 5.70% for Technology – Consumer Electronics. Although this indicates that KOSS fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Koss Corporation (NASDAQ:KOSS) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Koss Corporation (KOSS), we notice that the stock’s 20-day average volume is at 2,211,125 shares. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 2,041,124 shares. And to end, KOSS’s 100-day average volume is 4,354,851 shares with 100% of the long-term indicators pointing towards Buy for the stock.