VOXX International (NASDAQ:VOXX) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of VOXX International Co. (NASDAQ:VOXX) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.34 and traded as high as $7.34. VOXX International shares last traded at $7.29, with a volume of 375,142 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of VOXX International from a “sell” rating to a “hold” rating in a report on Monday, October 14th.

VOXX International Price Performance

The stock has a fifty day moving average of $7.46 and a two-hundred day moving average of $5.34. The company has a quick ratio of 1.05, a current ratio of 2.10 and a debt-to-equity ratio of 0.20. The stock has a market cap of $164.06 million, a price-to-earnings ratio of -6.57 and a beta of 1.21.

VOXX International (NASDAQ:VOXX) last announced its quarterly earnings results on Thursday, October 10th. The auto parts company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $92.49 million for the quarter. VOXX International had a negative net margin of 6.06% and a negative return on equity of 9.88%.

Hedge Funds Weigh In On VOXX International

Several hedge funds and other institutional investors have recently modified their holdings of the company. Acuitas Investments LLC purchased a new position in VOXX International in the 2nd quarter valued at about $855,000. Acadian Asset Management LLC acquired a new position in VOXX International during the 2nd quarter valued at approximately $44,000. Renaissance Technologies LLC grew its position in shares of VOXX International by 6.3% during the second quarter. Renaissance Technologies LLC now owns 421,826 shares of the auto parts company’s stock worth $1,333,000 after acquiring an additional 25,000 shares during the last quarter. Marshall Wace LLP bought a new position in VOXX International in the 2nd quarter worth about $67,000. Finally, Squarepoint Ops LLC bought a new position in VOXX International in the 2nd quarter worth approximately $130,000. 71.00% of the stock is owned by institutional investors and hedge funds.

About VOXX International

VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. It offers automotive security, vehicle access, and remote start modules and systems; smart phone telematics applications; mobile multi-media infotainment products and rear-seat entertainment products, including overhead, seat-back, and headrest systems; rear observation and collision avoidance systems; 360 camera applications; satellite radios comprising plug and play, and direct connect models; cruise control systems; audio products; heated seats; interior lighting solutions; security and shock sensors; turn signal switches; puddle lamps; box lights; harnesses; electric vehicle sound systems; and logo lighting modules.