Koss (NASDAQ:KOSS) Share Price Passes Above 200 Day Moving Average of $4.26

Koss Co. (NASDAQ:KOSS) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.26 and traded as high as $8.90. Koss shares last traded at $8.25, with a volume of 332,747 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Koss in a report on Friday, June 21st. They set a “sell” rating for the company.

Koss Stock Down 9.4 %

The company has a market cap of $76.31 million, a PE ratio of -68.75 and a beta of -0.62. The company has a 50-day moving average of $6.77 and a 200-day moving average of $4.26.

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

Insider Transactions at Koss

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 stock was 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 directly owns 196,028 shares of the company’s stock, valued at $1,029,147. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 48.00% of the company’s stock.

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.