VOXX International (NASDAQ:VOXX) Now Covered by StockNews.com

Equities research analysts at StockNews.com began coverage on shares of VOXX International (NASDAQ:VOXX) in a research note issued to investors on Sunday. The brokerage set a “hold” rating on the auto parts company’s stock.

VOXX International Trading Up 0.1 %

Shares of NASDAQ:VOXX opened at $7.33 on Friday. The business has a 50 day moving average of $7.41 and a 200-day moving average of $5.50. The stock has a market cap of $164.96 million, a PE ratio of -6.60 and a beta of 1.24. VOXX International has a 12-month low of $2.27 and a 12-month high of $11.31. The company has a quick ratio of 1.05, a current ratio of 2.10 and a debt-to-equity ratio of 0.20.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of VOXX. Well Done LLC lifted its position in VOXX International by 95.2% during the third quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company’s stock worth $41,110,000 after purchasing an additional 3,152,500 shares during the period. Tenzing Global Management LLC acquired a new position in shares of VOXX International in the 3rd quarter valued at approximately $6,201,000. Squarepoint Ops LLC bought a new stake in shares of VOXX International during the 2nd quarter worth approximately $130,000. State Street Corp boosted its position in shares of VOXX International by 5.4% during the 3rd quarter. State Street Corp now owns 52,408 shares of the auto parts company’s stock worth $333,000 after acquiring an additional 2,700 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new position in VOXX International in the second quarter valued at approximately $44,000. Institutional investors own 71.00% of the company’s stock.

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.