Koss (NASDAQ:KOSS) Research Coverage Started at StockNews.com

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

Koss Price Performance

NASDAQ KOSS opened at $4.02 on Thursday. Koss has a 12 month low of $2.27 and a 12 month high of $6.95. The company has a 50-day moving average of $3.71 and a 200-day moving average of $3.22. The company has a market cap of $37.21 million, a P/E ratio of -33.50 and a beta of -0.68.

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

Insider Activity

In related news, VP John C. Koss, Jr. sold 25,000 shares of the stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $5.25, for a total transaction of $131,250.00. Following the completion of the sale, the vice president now owns 196,028 shares of the company’s stock, valued at approximately $1,029,147. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate 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.