CompX International (NYSE:CIX) Stock Price Up 0.6% – What’s Next?

Shares of CompX International Inc. (NYSE:CIX) shot up 0.6% during mid-day trading on Thursday . The stock traded as high as $23.97 and last traded at $23.97. 2,867 shares changed hands during trading, an increase of 5% from the average session volume of 2,736 shares. The stock had previously closed at $23.82.

CompX International Stock Down 0.7%

The company has a market cap of $293.41 million, a P/E ratio of 15.66 and a beta of 1.07. The firm’s 50 day moving average is $23.04 and its two-hundred day moving average is $23.70.

Hedge Funds Weigh In On CompX International

A hedge fund recently bought a new stake in CompX International stock. Russell Investments Group Ltd. bought a new position in shares of CompX International Inc. (NYSE:CIX) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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.

About CompX International

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.