Equities researchers at StockNews.com began coverage on shares of VOXX International (NASDAQ:VOXX - Get Free Report) in a research report issued on Tuesday. The firm set a "hold" rating on the auto parts company's stock.
VOXX International Price Performance
VOXX International stock traded up $0.02 during mid-day trading on Tuesday, hitting $7.34. 146,076 shares of the company were exchanged, compared to its average volume of 313,040. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.10 and a quick ratio of 1.05. VOXX International has a 12-month low of $2.27 and a 12-month high of $9.24. The business's 50 day simple moving average is $7.37 and its two-hundred day simple moving average is $5.85. The company has a market capitalization of $165.04 million, a P/E ratio of -6.61 and a beta of 1.24.
Institutional Trading of VOXX International
Several hedge funds and other institutional investors have recently bought and sold shares of VOXX. State Street Corp raised its stake in shares of VOXX International by 5.4% in the 3rd quarter. State Street Corp now owns 52,408 shares of the auto parts company's stock valued at $333,000 after acquiring an additional 2,700 shares during the period. Moors & Cabot Inc. boosted 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 valued at $886,000 after purchasing an additional 8,000 shares during the period. Burney Co. purchased a new stake in VOXX International during the 4th quarter worth $103,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in VOXX International in the 2nd quarter worth $63,000. Finally, Marshall Wace LLP purchased a new position in VOXX International in the 2nd quarter valued at about $67,000. 71.00% of the stock is owned by hedge funds and other institutional investors.
VOXX International Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider VOXX International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VOXX International wasn't on the list.
While VOXX International currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
