Koss Corp. (KOSS) Shares Soar Above 1-Year High

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Koss Corp. (NASDAQ: KOSS)’s stock price has gone rise by 13.25 in comparison to its previous close of 7.55, however, the company has experienced a 28.57% increase in its stock price over the last five trading days. investorplace.com reported 2024-07-12 that Meme stocks looked to be on the comeback trail in May of this year after retail trader Keith Gill, known online as “Roaring Kitty,” made a triumphant return to social media after a three-year hiatus. By posting only a few cryptic memes heralding his return, Gill managed to more than double the share prices of popular undervalued meme stocks such as GameStop (NYSE: GME ) and AMC Entertainment (NYSE: AMC ).

Is It Worth Investing in Koss Corp. (NASDAQ: KOSS) Right Now?

Company’s 36-month beta value is -0.63.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for KOSS is 5.15M, and currently, short sellers hold a 10.56% ratio of that floaft. The average trading volume of KOSS on August 20, 2024 was 3.17M shares.

KOSS’s Market Performance

The stock of Koss Corp. (KOSS) has seen a 28.57% increase in the past week, with a -4.26% drop in the past month, and a 78.50% gain in the past quarter. The volatility ratio for the week is 9.76%, and the volatility levels for the past 30 days are at 8.42% for KOSS. The simple moving average for the past 20 days is 5.46% for KOSS’s stock, with a 108.33% simple moving average for the past 200 days.

KOSS Trading at 19.71% from the 50-Day Moving Average

After a stumble in the market that brought KOSS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.35% of loss for the given period.

Volatility was left at 8.42%, however, over the last 30 days, the volatility rate increased by 9.76%, as shares sank -8.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +54.89% upper at present.

During the last 5 trading sessions, KOSS rose by +28.57%, which changed the moving average for the period of 200-days by +197.91% in comparison to the 20-day moving average, which settled at $8.07. In addition, Koss Corp. saw 155.22% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at KOSS starting from KOSS JOHN C JR, who sale 25,000 shares at the price of $5.25 back on May 20 ’24. After this action, KOSS JOHN C JR now owns 196,028 shares of Koss Corp., valued at $131,250 using the latest closing price.

Stock Fundamentals for KOSS

Current profitability levels for the company are sitting at:

  • -0.17 for the present operating margin
  • 0.31 for the gross margin

The net margin for Koss Corp. stands at -0.09. The total capital return value is set at -0.06. Equity return is now at value -3.52, with -2.89 for asset returns.

Based on Koss Corp. (KOSS), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is -33.54.

Currently, EBITDA for the company is -24.9 million with net debt to EBITDA at 0.04. When we switch over and look at the enterprise to sales, we see a ratio of 6.34. The receivables turnover for the company is 8.18for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.44.

Conclusion

In a nutshell, Koss Corp. (KOSS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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