CompX International (NYSE:CIX) Shares Down 2.6%

Shares of CompX International Inc. (NYSE:CIXGet Free Report) fell 2.6% during trading on Thursday . The company traded as low as $23.70 and last traded at $23.97. 2,126 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 14,889 shares. The stock had previously closed at $24.60.

CompX International Stock Performance

The business’s 50 day moving average is $28.01 and its 200 day moving average is $26.78. The company has a market capitalization of $290.27 million, a price-to-earnings ratio of 14.38 and a beta of 0.77.

CompX International (NYSE:CIXGet Free Report) last released its earnings results on Tuesday, May 7th. The company reported $0.31 EPS for the quarter. The company had revenue of $38.00 million during the quarter. CompX International had a net margin of 12.78% and a return on equity of 12.14%.

CompX International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Monday, June 10th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 5.09%. The ex-dividend date is Monday, June 10th. CompX International’s payout ratio is 72.73%.

Institutional Trading of CompX International

A hedge fund recently raised its stake in CompX International stock. BNP Paribas Financial Markets grew its position in shares of CompX International Inc. (NYSE:CIXFree Report) by 998.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,471 shares of the company’s stock after purchasing an additional 4,973 shares during the quarter. BNP Paribas Financial Markets’ holdings in CompX International were worth $188,000 as of its most recent SEC filing. Institutional investors own 7.50% of the company’s stock.

About CompX International

(Get Free Report)

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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