VOXX International (NASDAQ:VOXX) Earns Hold Rating from Analysts at StockNews.com

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

VOXX International Trading Up 0.3 %

NASDAQ:VOXX opened at $7.33 on Monday. The business’s 50-day simple moving average is $7.37 and its 200-day simple moving average is $5.65. VOXX International has a fifty-two week low of $2.27 and a fifty-two week high of $9.88. 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 stock has a market capitalization of $164.96 million, a PE ratio of -6.60 and a beta of 1.24.

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

Institutional Investors Weigh In On VOXX International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VOXX. 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 valued at $333,000 after buying an additional 2,700 shares in the last quarter. Moors & Cabot Inc. lifted its stake in VOXX International by 6.1% in the third quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company’s stock valued at $886,000 after acquiring an additional 8,000 shares during the last quarter. Acadian Asset Management LLC bought a new position in shares of VOXX International in the 2nd quarter valued at about $44,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of VOXX International during the 2nd quarter worth about $63,000. Finally, Marshall Wace LLP bought a new stake in shares of VOXX International in the 2nd quarter valued at about $67,000. 71.00% of the stock is currently owned by institutional investors and hedge funds.

VOXX International Company Profile

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.