Koss (NASDAQ:KOSS) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Koss Corporation (NASDAQ:KOSS)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.06 and traded as low as $4.55. Koss shares last traded at $4.58, with a volume of 28,259 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Koss in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Koss Stock Down 2.1%

The stock has a market capitalization of $43.37 million, a P/E ratio of -57.25 and a beta of 1.50. The stock has a 50 day simple moving average of $4.50 and a two-hundred day simple moving average of $5.06.

Koss (NASDAQ:KOSS) last released its quarterly earnings data on Thursday, January 29th. The company reported ($0.06) EPS for the quarter. Koss had a negative net margin of 6.81% and a negative return on equity of 2.85%. The company had revenue of $2.86 million during the quarter.

Institutional Investors Weigh In On Koss

A number of institutional investors and hedge funds have recently modified their holdings of KOSS. Dimensional Fund Advisors LP lifted its stake in Koss by 118.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 23,342 shares of the company’s stock valued at $119,000 after purchasing an additional 12,661 shares during the last quarter. Two Sigma Investments LP acquired a new stake in shares of Koss in the third quarter valued at approximately $68,000. Finally, Susquehanna International Group LLP bought a new position in shares of Koss during the 3rd quarter worth approximately $74,000. 6.21% of the stock is owned by institutional investors.

About Koss

Koss Corporation is an American manufacturer of high-fidelity audio equipment, best known for pioneering the first stereo headphone for personal music listening. Headquartered in Milwaukee, Wisconsin, the company designs, markets and sells a range of headphones and earphones for consumer, professional and industrial applications.

The company’s product lineup includes over-ear and on-ear stereo headphones, in-ear monitors, wireless Bluetooth models and noise-cancelling designs. In addition to personal audio devices, Koss offers reference and studio monitoring headphones for broadcast, recording and DJ use.