StockNews.com Initiates Coverage on Koss (NASDAQ:KOSS)

Investment analysts at StockNews.com began coverage on shares of Koss (NASDAQ:KOSSGet Free Report) in a note issued to investors on Saturday. The firm set a “hold” rating on the stock.

Koss Price Performance

KOSS stock opened at $3.10 on Friday. The company’s 50 day simple moving average is $2.48 and its 200-day simple moving average is $2.84. Koss has a 52-week low of $2.27 and a 52-week high of $4.66. The firm has a market capitalization of $28.68 million, a P/E ratio of -25.83 and a beta of -0.71.

Koss (NASDAQ:KOSSGet Free Report) last issued its earnings results on Thursday, February 1st. The company reported ($0.03) earnings per share for the quarter. Koss had a negative net margin of 7.75% and a negative return on equity of 3.25%. The business had revenue of $3.36 million during the quarter.

About Koss

(Get Free Report)

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.

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