Investment analysts at StockNews.com initiated coverage on shares of VOXX International (NASDAQ:VOXX - Get Free Report) in a research note issued on Saturday. The brokerage set a "hold" rating on the auto parts company's stock.
VOXX International Stock Performance
NASDAQ:VOXX traded up $0.01 during mid-day trading on Friday, reaching $7.46. The stock had a trading volume of 97,342 shares, compared to its average volume of 220,523. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.97 and a current ratio of 1.85. The business has a 50 day simple moving average of $7.37 and a 200 day simple moving average of $6.73. VOXX International has a twelve month low of $2.27 and a twelve month high of $9.22. The firm has a market capitalization of $168.06 million, a price-to-earnings ratio of -2.41 and a beta of 1.23.
VOXX International (NASDAQ:VOXX - Get Free Report) last announced its quarterly 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 Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. State Street Corp increased 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 worth $333,000 after purchasing an additional 2,700 shares during the last quarter. Bridgeway Capital Management LLC grew its stake in shares of VOXX International by 1.6% during the 4th quarter. Bridgeway Capital Management LLC now owns 203,739 shares of the auto parts company's stock valued at $1,504,000 after buying an additional 3,267 shares during the period. Empowered Funds LLC increased its holdings in shares of VOXX International by 5.1% during the 4th quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company's stock worth $777,000 after buying an additional 5,067 shares during the last quarter. AlphaQuest LLC acquired a new stake in shares of VOXX International during the 4th quarter worth $51,000. Finally, Moors & Cabot Inc. raised its position in shares of VOXX International by 6.1% in the 3rd quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company's stock worth $886,000 after buying an additional 8,000 shares during the period. Hedge funds and other institutional investors own 71.00% of the company's stock.
About VOXX International
(
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
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