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

Investment analysts at StockNews.com started coverage on shares of VOXX International (NASDAQ:VOXX) in a research note issued on Saturday. The brokerage set a “hold” rating on the auto parts company’s stock.

VOXX International Price Performance

VOXX International stock opened at $7.29 on Friday. The business’s 50 day simple moving average is $7.45 and its 200 day simple moving average is $5.39. VOXX International has a 12 month low of $2.27 and a 12 month high of $11.31. The company has a market cap of $164.06 million, a price-to-earnings ratio of -6.57 and a beta of 1.21. The company has a current ratio of 2.10, a quick ratio of 1.05 and a debt-to-equity ratio of 0.20.

VOXX International (NASDAQ:VOXX) last issued its quarterly earnings results on Thursday, October 10th. The auto parts company reported $0.10 EPS for the quarter. VOXX International had a negative return on equity of 9.88% and a negative net margin of 6.06%. The firm had revenue of $92.49 million for the quarter.

Hedge Funds Weigh In On VOXX International

Several large investors have recently modified their holdings of VOXX. Acadian Asset Management LLC bought a new stake in shares of VOXX International during the 2nd quarter valued at $44,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in VOXX International during the 2nd quarter valued at about $63,000. Marshall Wace LLP bought a new stake in shares of VOXX International during the second quarter valued at about $67,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of VOXX International in the third quarter worth about $142,000. Finally, Squarepoint Ops LLC bought a new position in shares of VOXX International in the second quarter valued at approximately $130,000. Hedge funds and other institutional investors 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.