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Compx International ( (CIX) ) has shared an announcement.
CompX International reported a decline in financial performance for the fourth quarter and full year of 2024 compared to 2023. The decrease in net sales and operating income was primarily due to reduced sales in Security Products, particularly from a government pilot project that did not continue, and lower Marine Components sales. Despite these challenges, the company saw some offset from increased Marine Components sales to the towboat and government markets.
More about Compx International
CompX International Inc. is a leading manufacturer in the security products and recreational marine components industry. The company operates from three locations in the U.S. and employs approximately 510 people.
YTD Price Performance: -13.97%
Average Trading Volume: 11,943
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $272.4M
For a thorough assessment of CIX stock, go to TipRanks’ Stock Analysis page.