After Reaching Yearly Low, Is KVH Industries, Inc. (KVHI)’s Near-Term Analysis Negative?

KVH Industries, Inc. (NASDAQ:KVHI) Logo

Investors sentiment increased to 1.29 in 2019 Q1. Its up 0.03, from 1.26 in 2018Q4. It improved, as 8 investors sold KVH Industries, Inc. shares while 16 reduced holdings. 10 funds opened positions while 21 raised stakes. 9.90 million shares or 1.89% more from 9.71 million shares in 2018Q4 were reported.
117,460 are held by Old Dominion Cap Mgmt Inc. Twin Focus Prns Ltd Liability Corporation reported 51,800 shares. White Pine Capital Ltd Llc has 0.15% invested in KVH Industries, Inc. (NASDAQ:KVHI). Oppenheimer, New York-based fund reported 39,786 shares. Ameritas Inv Partners holds 1,491 shares or 0% of its portfolio. Bnp Paribas Arbitrage Sa holds 0% or 3,458 shares in its portfolio. Systematic Management L P reported 0.61% in KVH Industries, Inc. (NASDAQ:KVHI). Stone Ridge Asset Lc accumulated 37,230 shares. California Employees Retirement Systems accumulated 38,600 shares or 0% of the stock. Moreover, Bankshares Of Ny Mellon has 0% invested in KVH Industries, Inc. (NASDAQ:KVHI). Citadel Ltd holds 12,019 shares. Ny State Common Retirement Fund accumulated 0% or 14,700 shares. Pitcairn Company holds 22,801 shares or 0.03% of its portfolio. The Minnesota-based Us National Bank & Trust De has invested 0% in KVH Industries, Inc. (NASDAQ:KVHI). Legal And General Grp Public Ltd Liability Co holds 0% in KVH Industries, Inc. (NASDAQ:KVHI) or 2,500 shares.

The stock of KVH Industries, Inc. (NASDAQ:KVHI) hit a new 52-week low and has $8.54 target or 5.00 % below today’s $8.99 share price. The 7 months bearish chart indicates high risk for the $162.07 million company. The 1-year low was reported on Aug, 13 by Barchart.com. If the $8.54 price target is reached, the company will be worth $8.10 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 0.44% or $0.04 during the last trading session, reaching $8.99. About 31,035 shares traded or 9.87% up from the average. KVH Industries, Inc. (NASDAQ:KVHI) has declined 17.89% since August 13, 2018 and is downtrending. It has underperformed by 17.89% the S&P500.

More notable recent KVH Industries, Inc. (NASDAQ:KVHI) news were published by: Benzinga.com which released: “Raymond James Stays Bullish On KVH Industries, Lowers Price Target After ‘Weak’ Initial Guidance – Benzinga” on March 05, 2019, also Globenewswire.com with their article: “KVH Surpasses 8000 VSAT Systems Shipped for Global Connectivity – GlobeNewswire” published on July 23, 2018, Globenewswire.com published: “KVH Introduces World’s Fastest, Lightest, Ultra-compact Ku-band Marine VSAT Antenna – GlobeNewswire” on October 31, 2018. More interesting news about KVH Industries, Inc. (NASDAQ:KVHI) were released by: Globenewswire.com and their article: “KVH Surpasses 9000 VSAT Systems Shipped for Global Connectivity – GlobeNewswire” published on March 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is KVH Industries, Inc. (NASDAQ:KVHI) Overpaying Its CEO? – Yahoo Finance” with publication date: July 18, 2019.

KVH Industries, Inc. designs, develops, makes, and markets mobile connectivity services and products for the marine and land mobile markets in the United States and internationally. The company has market cap of $162.07 million. The firm offers mobile satellite TV and communications products, including satellite TV antennas; two-way satellite communications systems; onboard V-IP terminals and hub equipment; network management hardware and software products for maritime communications; and Iridium OpenPort hardware services and products. It has a 4.1 P/E ratio. It also offers airtime plans that enable clients to obtain Internet and voice services; and value-added, and news and radio content services.

KVH Industries, Inc. (NASDAQ:KVHI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.