It is Poised to be a Bull Market for Koss Corp. (KOSS)

With 19.47 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.36 million shares. During the session, the Consumer Electronics company that operates in wider Technology sector, reached to the highest price of $6.9499 whereas the lowest price it dropped to was $5.31. The 52-week range on KOSS shows that it touched its highest point at $5.53 and its lowest point at $2.27 during that stretch. Beta for the stock currently stands at -0.71.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KOSS was up-trending over the past week, with a rise of 84.13%, but this was up by 164.52% over a month. Three-month performance surged to 120.44% while six-month performance rose 126.10%. The stock gained 61.84% in the past year, while it has gained 83.58% so far this year.

Float and Shares Shorts:

At present, 9.23 million KOSS shares are outstanding with a float of 5.22 million shares on hand for trading. On 2024-04-30, short shares totaled 11568.0, which was 13.0 higher than short shares on 1711584000. In addition to Mr. Michael J. Koss as the firm’s Chairman, President, CEO & COO, Mr. John C. Koss Jr. serves as its Vice President of Sales.

Institutional Ownership:

Through their ownership of 0.06307 of KOSS’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, KOSS reported revenue of $2637606.0 and operating income of -$609724.0. The EBITDA in the recently reported quarter was -$561325.0 and diluted EPS was -$0.03.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KOSS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.