VOXX International (NASDAQ:VOXX) Shares Cross Above 200 Day Moving Average of $5.15

VOXX International Co. (NASDAQ:VOXX)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.15 and traded as high as $6.35. VOXX International shares last traded at $5.37, with a volume of 2,187,839 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of VOXX International from a “sell” rating to a “hold” rating in a report on Friday, July 19th.

VOXX International Stock Performance

The company has a current ratio of 2.43, a quick ratio of 1.11 and a debt-to-equity ratio of 0.28. The stock’s 50 day moving average price is $3.03 and its two-hundred day moving average price is $5.15. The firm has a market capitalization of $120.72 million, a PE ratio of -3.20 and a beta of 1.24.

VOXX International (NASDAQ:VOXX) last issued its quarterly earnings data on Wednesday, July 10th. The auto parts company reported ($0.40) earnings per share for the quarter. VOXX International had a negative return on equity of 14.59% and a negative net margin of 8.78%. The business had revenue of $91.66 million for the quarter.

Insider Transactions at VOXX International

In related news, Director Beat Kahli sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $5.00, for a total transaction of $100,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Beat Kahli sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $5.00, for a total transaction of $100,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Corp Gentex bought 3,152,500 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were purchased at an average price of $5.00 per share, for a total transaction of $15,762,500.00. Following the transaction, the insider now owns 6,463,808 shares of the company’s stock, valued at approximately $32,319,040. The disclosure for this purchase can be found here. Corporate insiders own 49.81% of the company’s stock.

Institutional Trading of VOXX International

A number of hedge funds have recently bought and sold shares of the company. Empowered Funds LLC boosted its holdings in shares of VOXX International by 8.0% in the 1st quarter. Empowered Funds LLC now owns 66,150 shares of the auto parts company’s stock valued at $540,000 after purchasing an additional 4,900 shares during the last quarter. Squarepoint Ops LLC acquired a new position in shares of VOXX International in the 2nd quarter valued at $130,000. Marshall Wace LLP acquired a new position in shares of VOXX International in the 2nd quarter valued at $67,000. Renaissance Technologies LLC boosted its holdings in shares of VOXX International by 6.3% in the 2nd quarter. Renaissance Technologies LLC now owns 421,826 shares of the auto parts company’s stock valued at $1,333,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of VOXX International in the 2nd quarter valued at $63,000. Institutional investors and hedge funds own 71.00% of the company’s stock.

VOXX International Company Profile

VOXX International Corporation manufactures and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. Its Automotive Electronics segment offers mobile multi-media infotainment products, including overhead, seat-back, and headrest systems; automotive security, vehicle access, and remote start systems; satellite radios comprising plug and play, and direct connect models; smart phone telematics applications; mobile interface modules; automotive power accessories; rear observation and collision avoidance systems; driver distraction products; power lift gates; turn signal switches; automotive lighting products; automotive sensing and camera systems; USB ports; cruise control systems; and heated seats.