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

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

VOXX International Price Performance

NASDAQ:VOXX opened at $7.45 on Monday. The company has a current ratio of 1.85, a quick ratio of 0.97 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $167.83 million, a P/E ratio of -2.41 and a beta of 1.19. VOXX International has a 12 month low of $2.27 and a 12 month high of $8.52. The business’s 50-day moving average is $7.39 and its 200 day moving average is $6.96.

VOXX International (NASDAQ:VOXX) last posted 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 15.29% and a negative net margin of 18.06%.

Institutional Investors Weigh In On VOXX International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Tenzing Global Management LLC purchased a new stake in VOXX International during the third quarter valued at approximately $6,201,000. Peapod Lane Capital LLC purchased a new stake in VOXX International during the fourth quarter valued at approximately $3,632,000. State Street Corp raised its position in VOXX International by 5.4% during the third quarter. State Street Corp now owns 52,408 shares of the auto parts company’s stock valued at $333,000 after purchasing an additional 2,700 shares during the period. Empowered Funds LLC raised its position in VOXX International by 5.1% during the fourth quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company’s stock valued at $777,000 after purchasing an additional 5,067 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in VOXX International during the third quarter valued at approximately $142,000. 71.00% of the stock is currently owned by hedge funds and other institutional investors.

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.