CompX International (NYSE:CIX) Upgraded by StockNews.com to Strong-Buy Rating

CompX International (NYSE:CIX) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Wednesday.

CompX International Trading Up 4.4 %

CIX stock opened at $27.77 on Wednesday. The firm has a market cap of $342.10 million, a PE ratio of 18.27 and a beta of 0.76. The business’s 50-day moving average price is $29.27 and its two-hundred day moving average price is $26.68. CompX International has a 1-year low of $20.48 and a 1-year high of $39.91.

Insider Activity

In other CompX International news, Director Mary A. Tidlund sold 1,000 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $29.02, for a total transaction of $29,020.00. Following the sale, the director now directly owns 5,650 shares of the company’s stock, valued at $163,963. The trade was a 15.04 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.38% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CompX International stock. Nisa Investment Advisors LLC boosted its position in CompX International Inc. (NYSE:CIX) by 118.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,310 shares of the company’s stock after purchasing an additional 710 shares during the period. Nisa Investment Advisors LLC’s holdings in CompX International were worth $38,000 as of its most recent filing with the SEC. 7.50% of the stock is owned by institutional investors.

About CompX International

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.