CompX International (NYSE:CIX) Shares Up 1.3% – Should You Buy?

CompX International Inc. (NYSE:CIX)’s share price shot up 1.3% during mid-day trading on Thursday . The company traded as high as $23.19 and last traded at $23.05. 2,687 shares traded hands during trading, a decline of 12% from the average session volume of 3,058 shares. The stock had previously closed at $22.75.

CompX International Price Performance

The stock’s 50 day moving average is $23.74 and its two-hundred day moving average is $23.21. The stock has a market capitalization of $284.05 million, a PE ratio of 15.16 and a beta of 1.07.

CompX International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Monday, March 16th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Monday, March 16th. CompX International’s dividend payout ratio is presently 75.95%.

Institutional Investors Weigh In On CompX International

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

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.