CompX International (NYSE:CIX) Stock Rating Upgraded by StockNews.com

CompX International (NYSE:CIX) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report issued on Saturday.

CompX International Stock Performance

NYSE CIX opened at $23.26 on Friday. The firm has a market capitalization of $286.42 million, a price-to-earnings ratio of 14.10 and a beta of 0.76. The company’s 50 day moving average price is $24.23 and its 200 day moving average price is $26.84. CompX International has a one year low of $17.39 and a one year high of $39.91.

CompX International (NYSE:CIX) last issued its quarterly earnings results on Tuesday, May 7th. The company reported $0.31 earnings per share (EPS) for the quarter. The business 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%.

Institutional Investors Weigh In On CompX International

An institutional investor recently raised its position in CompX International stock. BNP Paribas Financial Markets raised its holdings in shares of CompX International Inc. (NYSE:CIX) by 998.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,471 shares of the company’s stock after acquiring an additional 4,973 shares during the quarter. BNP Paribas Financial Markets’ holdings in CompX International were worth $188,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 7.50% of the company’s stock.

CompX International Company Profile

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.