Equities research analysts at StockNews.com initiated coverage on shares of VOXX International (NASDAQ:VOXX - Get Free Report) in a report released on Saturday. The firm set a "hold" rating on the auto parts company's stock.
VOXX International Stock Performance
VOXX remained flat at $7.29 during trading on Friday. 284,332 shares of the company's stock were exchanged, compared to its average volume of 811,165. The firm has a fifty day moving average of $7.45 and a two-hundred day moving average of $5.37. The firm has a market cap of $164.06 million, a price-to-earnings ratio of -6.57 and a beta of 1.21. VOXX International has a 12-month low of $2.27 and a 12-month high of $11.31. 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 (NASDAQ:VOXX - Get Free Report) last released its quarterly earnings data on Thursday, October 10th. The auto parts company reported $0.10 EPS for the quarter. The business had revenue of $92.49 million during the quarter. VOXX International had a negative return on equity of 9.88% and a negative net margin of 6.06%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Well Done LLC grew its holdings in shares of VOXX International by 95.2% during the third quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company's stock worth $41,110,000 after buying an additional 3,152,500 shares in the last quarter. Tenzing Global Management LLC bought a new position in shares of VOXX International during the 3rd quarter worth approximately $6,201,000. Renaissance Technologies LLC raised its holdings in shares of VOXX International by 6.3% in the second quarter. Renaissance Technologies LLC now owns 421,826 shares of the auto parts company's stock valued at $1,333,000 after purchasing an additional 25,000 shares during the last quarter. Acuitas Investments LLC bought a new stake in shares of VOXX International in the second quarter worth $855,000. Finally, Moors & Cabot Inc. boosted its holdings in VOXX International by 6.1% during the third quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company's stock worth $886,000 after purchasing an additional 8,000 shares during the last quarter. Institutional investors and hedge funds 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.
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