StockNews.com started coverage on shares of VOXX International (NASDAQ:VOXX - Free Report) in a report issued on Monday morning. The brokerage issued a hold rating on the auto parts company's stock.
VOXX International Stock Performance
Shares of VOXX stock remained flat at $7.33 on Monday. 43,147 shares of the company traded hands, compared to its average volume of 412,266. The company has a quick ratio of 1.05, a current ratio of 2.10 and a debt-to-equity ratio of 0.20. The stock has a market cap of $164.96 million, a PE ratio of -6.60 and a beta of 1.24. The firm's 50 day moving average is $7.37 and its two-hundred day moving average is $5.67. VOXX International has a 52 week low of $2.27 and a 52 week high of $9.24.
VOXX International (NASDAQ:VOXX - Get Free Report) last released its earnings results on Thursday, October 10th. The auto parts company reported $0.10 earnings per share for the quarter. The company 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 Investors Weigh In On VOXX International
Several institutional investors and hedge funds have recently bought and sold shares of VOXX. Well Done LLC boosted its holdings in VOXX International by 95.2% in the third quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company's stock valued at $41,110,000 after acquiring an additional 3,152,500 shares in the last quarter. Tenzing Global Management LLC purchased a new stake in VOXX International in the third quarter worth about $6,201,000. Squarepoint Ops LLC bought a new stake in VOXX International during the 2nd quarter valued at approximately $130,000. Marquette Asset Management LLC grew its holdings in shares of VOXX International by 60.0% during the 3rd quarter. Marquette Asset Management LLC now owns 78,176 shares of the auto parts company's stock worth $497,000 after acquiring an additional 29,326 shares during the period. Finally, Empowered Funds LLC raised its position in shares of VOXX International by 40.7% in the 3rd quarter. Empowered Funds LLC now owns 100,172 shares of the auto parts company's stock worth $637,000 after acquiring an additional 28,982 shares in the last quarter. Hedge funds and other institutional investors own 71.00% of the company's stock.
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.
Featured Stories
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
