CompX International (NYSE:CIX) Upgraded at StockNews.com

CompX International (NYSE:CIX) was upgraded by research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday.

CompX International Stock Performance

Shares of CompX International stock traded up $1.10 on Wednesday, hitting $27.71. 4,005 shares of the company’s stock were exchanged, compared to its average volume of 13,035. The stock has a market capitalization of $341.39 million, a PE ratio of 18.23 and a beta of 0.76. CompX International has a 1 year low of $20.48 and a 1 year high of $39.91. The company has a 50-day simple moving average of $29.27 and a 200-day simple moving average of $26.67.

Insiders Place Their Bets

In other news, Director Mary A. Tidlund sold 1,000 shares of CompX International stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $29.02, for a total transaction of $29,020.00. Following the sale, the director now owns 5,650 shares in the company, valued at $163,963. This trade represents a 15.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.38% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CompX International stock. Nisa Investment Advisors LLC raised its stake in shares of CompX International Inc. (NYSE:CIX) by 118.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,310 shares of the company’s stock after purchasing an additional 710 shares during the period. Nisa Investment Advisors LLC’s holdings in CompX International were worth $38,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 7.50% of the company’s stock.

CompX International Company Profile

CompX International Inc manufactures and sells security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines.