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

StockNews.com initiated coverage on shares of VOXX International (NASDAQ:VOXX - Get Free Report) in a research note issued to investors on Monday. The firm set a "hold" rating on the auto parts company's stock.

VOXX International Price Performance

Shares of NASDAQ VOXX traded down $0.02 during midday trading on Monday, reaching $7.46. The company's stock had a trading volume of 305,370 shares, compared to its average volume of 842,651. The company has a market cap of $167.95 million, a P/E ratio of -2.41 and a beta of 1.19. VOXX International has a fifty-two week low of $2.27 and a fifty-two week high of $8.52. 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's 50 day moving average price is $7.40 and its two-hundred day moving average price is $7.06.

VOXX International (NASDAQ:VOXX - Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The auto parts company reported ($0.38) earnings per share 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

Several institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp increased its position in shares of 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 buying an additional 2,700 shares during the period. Bridgeway Capital Management LLC grew its holdings in 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 worth $1,504,000 after acquiring an additional 3,267 shares during the period. Empowered Funds LLC raised its position in shares of VOXX International by 5.1% in the 4th quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company's stock worth $777,000 after acquiring an additional 5,067 shares in the last quarter. AlphaQuest LLC acquired a new position in shares of VOXX International in the 4th quarter valued at about $51,000. Finally, Moors & Cabot Inc. boosted its position in shares of VOXX International by 6.1% during the 3rd 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 in the last quarter. Institutional investors and hedge funds own 71.00% of the company's stock.

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About VOXX International

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.