CompX International (NYSE:CIX) Trading Down 6.4% – Time to Sell?

Shares of CompX International Inc. (NYSE:CIX) fell 6.4% on Thursday . The company traded as low as $24.23 and last traded at $24.23. 3,847 shares were traded during trading, an increase of 25% from the average session volume of 3,068 shares. The stock had previously closed at $25.90.

CompX International Stock Up 6.4%

The company has a market cap of $317.56 million, a P/E ratio of 16.95 and a beta of 0.90. The business has a 50-day moving average price of $23.72 and a two-hundred day moving average price of $23.45.

CompX International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, June 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.7%. CompX International’s payout ratio is presently 73.17%.

Institutional Investors Weigh In On CompX International

An institutional investor recently bought a new position in CompX International stock. Russell Investments Group Ltd. bought a new position in shares of CompX International Inc. (NYSE:CIX) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,386 shares of the company’s stock, valued at approximately $103,000. 7.50% of the stock is currently owned by hedge funds and other institutional investors.

CompX International Company Profile

CompX International Inc is a U.S.-based manufacturer specializing in security and specialty products for industrial, residential and marine markets. Headquartered in Dallas, Texas, the company designs, engineers and assembles a broad range of hardware solutions that combine durable materials with precision components. Its product portfolio caters to original equipment manufacturers (OEMs), distributors and retail outlets, positioning CompX as a key supplier across multiple end-use sectors.

The company’s Security Products segment offers mechanical and electronic locking solutions, door and cabinet hardware, and cam-action assemblies.