CompX International (NYSE:CIX) Share Price Breaks Above 50 Day Moving Average – Time to Sell?

CompX International Inc. (NYSE:CIX) passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $36.21 and traded as high as $37.35. CompX International shares last traded at $36.23, with a volume of 13,712 shares changing hands.

CompX International Trading Up 1.5%

The firm has a fifty day moving average of $36.21 and a two-hundred day moving average of $27.75. The company has a market capitalization of $446.46 million, a PE ratio of 23.84 and a beta of 0.84.

CompX International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Thursday, September 3rd were given a $0.30 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $1.20 annualized dividend and a yield of 3.3%. CompX International’s payout ratio is presently 67.04%.

Insider Buying and Selling at CompX International

In other news, Director Ann Manix sold 1,500 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $29.60, for a total transaction of $44,400.00. Following the completion of the sale, the director owned 8,775 shares of the company’s stock, valued at approximately $259,740. This represents a 14.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CompX International stock. IFP Advisors Inc boosted its position in shares of CompX International Inc. (NYSE:CIX) by 95,000.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 951 shares of the company’s stock after buying an additional 950 shares during the quarter. IFP Advisors Inc’s holdings in CompX International were worth $36,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 7.50% of the company’s stock.

About CompX International

CompX International Inc is a diversified manufacturer of security products and marine components. The company serves original equipment manufacturers, distributors and other industrial customers through operations focused primarily on the North American market, with products also sold internationally.

CompX’s Security Products segment manufactures mechanical and electronic locks, cabinet locks, ignition switches and related access-control products. These products are used in applications including office furniture, recreational vehicles, vending equipment, postal equipment, transportation and industrial systems.