VOXX International (NASDAQ:VOXX) Coverage Initiated by Analysts at StockNews.com

Analysts at StockNews.com initiated coverage on shares of VOXX International (NASDAQ:VOXX) in a research report issued to clients and investors on Friday. The firm set a “hold” rating on the auto parts company’s stock.

VOXX International Price Performance

Shares of VOXX stock opened at $7.46 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.10 and a quick ratio of 1.05. The company has a market capitalization of $167.85 million, a P/E ratio of -6.72 and a beta of 1.23. The company’s 50-day simple moving average is $7.41 and its two-hundred day simple moving average is $6.39. VOXX International has a one year low of $2.27 and a one year high of $9.22.

VOXX International (NASDAQ:VOXX) last issued its earnings results on Friday, February 7th. The auto parts company reported ($0.38) EPS for the quarter. VOXX International had a negative return on equity of 9.88% and a negative net margin of 6.06%.

Hedge Funds Weigh In On VOXX International

A number of hedge funds and other institutional investors have recently modified their holdings of VOXX. AlphaQuest LLC bought a new position in shares of VOXX International during the fourth quarter valued at approximately $51,000. Barclays PLC bought a new position in shares of VOXX International during the fourth quarter valued at approximately $69,000. Wolverine Asset Management LLC bought a new position in shares of VOXX International during the fourth quarter valued at approximately $92,000. Burney Co. bought a new position in shares of VOXX International during the fourth quarter valued at approximately $103,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of VOXX International during the third quarter valued at approximately $142,000. 71.00% of the stock is currently owned by institutional investors.

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.