StockNews.com upgraded shares of CompX International (NYSE:CIX – Free Report) from a buy rating to a strong-buy rating in a report released on Thursday morning.
CompX International Trading Down 3.3 %
CompX International stock opened at $25.90 on Thursday. The firm has a market capitalization of $318.93 million, a price-to-earnings ratio of 15.70 and a beta of 0.76. The firm’s fifty day moving average price is $23.78 and its two-hundred day moving average price is $26.83. CompX International has a 1-year low of $17.39 and a 1-year high of $39.91.
CompX International Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Friday, September 6th will be paid a $2.00 dividend. The ex-dividend date is Friday, September 6th. This represents a $8.00 dividend on an annualized basis and a yield of 30.89%. CompX International’s dividend payout ratio (DPR) is presently 72.73%.
Institutional Investors Weigh In On CompX International
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.
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