VOXX International (NASDAQ:VOXX) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of VOXX International (NASDAQ:VOXX) in a research note released on Saturday morning. The brokerage issued a hold rating on the auto parts company’s stock.

VOXX International Price Performance

Shares of VOXX opened at $7.45 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.85 and a quick ratio of 0.97. The company’s fifty day moving average price is $7.38 and its 200-day moving average price is $6.63. VOXX International has a 1-year low of $2.27 and a 1-year high of $9.22. The firm has a market capitalization of $167.83 million, a PE ratio of -2.41 and a beta of 1.23.

VOXX International (NASDAQ:VOXX) last posted 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 Trading of VOXX International

Several institutional investors and hedge funds have recently bought and sold shares of VOXX. Empowered Funds LLC raised its holdings in shares of VOXX International by 40.7% during the third quarter. Empowered Funds LLC now owns 100,172 shares of the auto parts company’s stock worth $637,000 after purchasing an additional 28,982 shares during the last quarter. Moors & Cabot Inc. boosted its stake in shares of VOXX International by 6.1% in the third 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 last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in VOXX International during the third quarter worth about $142,000. State Street Corp raised 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 valued at $333,000 after acquiring an additional 2,700 shares in the last quarter. Finally, Tenzing Global Management LLC acquired a new position in VOXX International in the third quarter valued at approximately $6,201,000. 71.00% of the stock is currently owned by institutional investors and hedge funds.

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.