Koss (NASDAQ:KOSS) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Koss (NASDAQ:KOSS) in a report released on Thursday. The brokerage issued a hold rating on the stock.

Koss Price Performance

Shares of KOSS stock opened at $4.02 on Thursday. The firm has a market cap of $37.19 million, a P/E ratio of -33.50 and a beta of -0.68. Koss has a 1-year low of $2.27 and a 1-year high of $6.95. The firm has a fifty day moving average of $3.71 and a two-hundred day moving average of $3.21.

Koss (NASDAQ:KOSS) last announced its quarterly earnings data on Thursday, May 9th. The company reported ($0.03) earnings per share for the quarter. Koss had a negative return on equity of 3.53% and a negative net margin of 8.85%. The company had revenue of $2.64 million for the quarter.

Insider Transactions at Koss

In other news, VP John C. Koss, Jr. sold 25,000 shares of the firm’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $5.25, for a total value of $131,250.00. Following the transaction, the vice president now directly owns 196,028 shares in the company, valued at approximately $1,029,147. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 48.00% of the company’s stock.

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.