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

Equities researchers at StockNews.com assumed coverage on shares of VOXX International (NASDAQ:VOXX) in a report issued on Sunday. The brokerage set a “hold” rating on the auto parts company’s stock.

VOXX International Stock Up 0.1 %

Shares of NASDAQ VOXX opened at $7.45 on Friday. The firm has a market cap of $167.83 million, a price-to-earnings ratio of -2.41 and a beta of 1.23. The company has a quick ratio of 0.97, a current ratio of 1.85 and a debt-to-equity ratio of 0.07. VOXX International has a 52-week low of $2.27 and a 52-week high of $8.78. The business’s 50 day moving average is $7.38 and its two-hundred day moving average is $6.77.

VOXX International (NASDAQ:VOXX) last announced its earnings results on Friday, February 7th. The auto parts company reported ($0.38) earnings per share (EPS) for the quarter. VOXX International had a negative net margin of 18.06% and a negative return on equity of 15.29%.

Institutional Trading of VOXX International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VOXX. Empowered Funds LLC grew its stake in shares of VOXX International by 40.7% in the third quarter. Empowered Funds LLC now owns 100,172 shares of the auto parts company’s stock worth $637,000 after acquiring an additional 28,982 shares in the last quarter. Moors & Cabot Inc. grew its stake in shares of VOXX International by 6.1% in the third quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company’s stock worth $886,000 after acquiring an additional 8,000 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of VOXX International in the third quarter worth $142,000. State Street Corp grew its stake in shares of VOXX International by 5.4% in the third 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, Tenzing Global Management LLC acquired a new position in shares of VOXX International in the third quarter worth $6,201,000. Hedge funds and other 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.