Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate CompX International Inc. before investing.

In this article, we go over a few key elements for understanding CompX International Inc.’s stock price such as:

• CompX International Inc.’s current stock price and volume
• Why CompX International Inc.’s stock price changed recently
• Upgrades and downgrades for CIX from analysts
• CIX’s stock price momentum as measured by its relative strength

About CompX International Inc. (CIX)

Before we jump into CompX International Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

CompX International Inc. is a manufacturer of security products used in postal, recreational transportation, office and institutional furniture, cabinetry, tool storage, healthcare and a variety of other industries. The Company is also a manufacturer of wake enhancement systems, stainless steel exhaust systems, gauges, throttle controls and trim tabs for the recreational marine industry. The Company operates through two segments: Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks and other locking mechanisms used in a variety of applications, including mailboxes, ignition systems, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control, secured narcotics boxes and others. The Security Products segment has one manufacturing facility in Mauldin, South Carolina and one in Grayslake, Illinois, which is shared with Marine Components.

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CompX International Inc.’s Stock Price as of Market Close

As of April 04, 2024, 4:00 PM, CST, CompX International Inc.’s stock price was $35.00.

CompX International Inc. is up 5.61% from its previous closing price of $33.14.

During the last market session, CompX International Inc.’s stock traded between $31.51 and $33.14. Currently, there are 12.31 million shares of CompX International Inc. stock available for purchase.

CompX International Inc.’s price-earnings (P/E) ratio is currently at 18.1, which is low compared to the Industrial Machinery & Equipment industry median of 27.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

CompX International Inc. Stock Price History

CompX International Inc.’s (CIX) price is currently up 2.04% so far this month.

During the month of April, CompX International Inc.’s stock price has reached a high of $35.15 and a low of $30.92.

Over the last year, CompX International Inc. has hit prices as high as $39.91 and as low as $17.39. Year to date, CompX International Inc.’s stock is up 89.39%.

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What Caused CompX International Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 03, 2024, there were analysts who downgraded CompX International Inc.’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate CompX International Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on CompX International Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

CompX International Inc.’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about CompX International Inc. (CIX) by visiting AAII Stock Evaluator.

Relative Price Strength of CompX International Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 03, 2024, CompX International Inc. has a weighted four-quarter relative price strength of 11.14%, which translates to a Momentum Score of 88 and is considered to be Very Strong.

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CompX International Inc. Stock Price: Bottom Line

As of April 4, 2024, CompX International Inc.’s stock price is $35.00, which is up 5.61% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like CompX International Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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