Stock analysts at StockNews.com initiated coverage on shares of VOXX International (NASDAQ:VOXX - Get Free Report) in a research report issued on Thursday. The brokerage set a "hold" rating on the auto parts company's stock.
VOXX International Stock Performance
VOXX remained flat at $7.50 during midday trading on Thursday. VOXX International has a 52 week low of $2.27 and a 52 week high of $8.37. 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 firm has a fifty day moving average of $7.45 and a 200 day moving average of $7.31. The company has a market cap of $168.96 million, a P/E ratio of -2.43 and a beta of 1.19.
VOXX International (NASDAQ:VOXX - Get Free Report) last released 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 net margin of 18.06% and a negative return on equity of 15.29%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AlphaQuest LLC bought a new stake in VOXX International in the 4th quarter valued at about $51,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in VOXX International during the fourth quarter worth about $65,000. Cubist Systematic Strategies LLC bought a new position in shares of VOXX International in the fourth quarter worth approximately $66,000. Barclays PLC bought a new position in shares of VOXX International in the 4th quarter worth $69,000. Finally, GTS Securities LLC bought a new position in VOXX International in the fourth quarter valued at $74,000. 71.00% of the stock is currently owned by hedge funds and other institutional investors.
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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