VOXX International (NASDAQ:VOXX) Earns Hold Rating from Analysts at StockNews.com

Research analysts at StockNews.com started coverage on shares of VOXX International (NASDAQ:VOXX) in a note issued to investors on Monday. The firm set a “hold” rating on the auto parts company’s stock.

VOXX International Stock Performance

Shares of NASDAQ VOXX opened at $7.45 on Monday. The company has a quick ratio of 0.97, a current ratio of 1.85 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $167.83 million, a price-to-earnings ratio of -2.41 and a beta of 1.19. The stock’s fifty day simple moving average is $7.39 and its 200 day simple moving average is $7.02. VOXX International has a 52-week low of $2.27 and a 52-week high of $8.52.

VOXX International (NASDAQ:VOXX) last issued its earnings results on Friday, February 7th. The auto parts company reported ($0.38) EPS for the quarter. VOXX International had a negative return on equity of 15.29% and a negative net margin of 18.06%.

Institutional Trading of VOXX International

Several hedge funds and other institutional investors have recently modified their holdings of the business. GTS Securities LLC acquired a new stake in shares of VOXX International in the fourth quarter worth $74,000. Sagefield Capital LP acquired a new stake in shares of VOXX International in the fourth quarter worth $280,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of VOXX International in the fourth quarter worth $65,000. OMERS ADMINISTRATION Corp boosted its position in VOXX International by 70.1% during the fourth quarter. OMERS ADMINISTRATION Corp now owns 83,713 shares of the auto parts company’s stock valued at $618,000 after purchasing an additional 34,513 shares during the last quarter. Finally, Kahn Brothers Group Inc. boosted its position in VOXX International by 10.5% during the fourth quarter. Kahn Brothers Group Inc. now owns 114,676 shares of the auto parts company’s stock valued at $846,000 after purchasing an additional 10,868 shares during the last quarter. Institutional investors and hedge funds own 71.00% of the company’s stock.

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.