CompX International (NYSE:CIX) Trading 0.6% Higher – Time to Buy?

CompX International Inc. (NYSE:CIX)’s stock price was up 0.6% on Thursday . The company traded as high as $23.97 and last traded at $23.97. Approximately 2,867 shares were traded during trading, an increase of 5% from the average daily volume of 2,736 shares. The stock had previously closed at $23.82.

CompX International Stock Down 0.7%

The company has a market cap of $293.41 million, a P/E ratio of 15.66 and a beta of 1.07. The firm’s 50-day moving average price is $23.04 and its 200-day moving average price is $23.70.

Hedge Funds Weigh In On CompX International

An institutional investor recently bought a new position in CompX International stock. Russell Investments Group Ltd. purchased a new stake in CompX International Inc. (NYSE:CIX) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 4,386 shares of the company’s stock, valued at approximately $103,000. Hedge funds and other institutional investors own 7.50% of the company’s stock.

About CompX International

CompX International Inc is a U.S.-based manufacturer specializing in security and specialty products for industrial, residential and marine markets. Headquartered in Dallas, Texas, the company designs, engineers and assembles a broad range of hardware solutions that combine durable materials with precision components. Its product portfolio caters to original equipment manufacturers (OEMs), distributors and retail outlets, positioning CompX as a key supplier across multiple end-use sectors.

The company’s Security Products segment offers mechanical and electronic locking solutions, door and cabinet hardware, and cam-action assemblies.