Alert: Major Price Decline (8/5/24)-Koss Corp (NASDAQ: KOSS).

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Koss Corp (NASDAQ: KOSS) stock suffered a major decline of -12.4% on 8/5/24. The shares closed at $7.23. However, trading volume in this decline was exceptionally low at 13% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -23.2% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, KOSS is expected to continue to be an important Value Builder.

Koss has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Koss has a neutral Appreciation Score of 45 but a very high Power Rating of 93, with the Positive Value Trend Rating the result.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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