VOXX International (NASDAQ:VOXX) Stock Price Passes Above 200-Day Moving Average of $4.98

Shares of VOXX International Co. (NASDAQ:VOXX) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.98 and traded as high as $6.22. VOXX International shares last traded at $6.19, with a volume of 277,047 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com cut VOXX International from a “hold” rating to a “sell” rating in a report on Thursday, September 12th.

VOXX International Stock Up 2.8 %

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.11 and a current ratio of 2.43. The stock has a market cap of $139.15 million, a PE ratio of -3.68 and a beta of 1.25. The company’s 50-day moving average price is $3.75 and its 200 day moving average price is $4.98.

VOXX International (NASDAQ:VOXX) last issued its quarterly earnings data on Wednesday, July 10th. The auto parts company reported ($0.40) earnings per share (EPS) for the quarter. VOXX International had a negative net margin of 8.78% and a negative return on equity of 14.59%. 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 VOXX International stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $5.00, for a total transaction of $100,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other VOXX International news, major shareholder Corp Gentex purchased 3,152,500 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were bought at an average price of $5.00 per share, with a total value of $15,762,500.00. Following the completion of the purchase, the insider now directly owns 6,463,808 shares in the company, valued at $32,319,040. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Beat Kahli sold 20,000 shares of VOXX International stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $5.00, for a total value of $100,000.00. The disclosure for this sale can be found here. Corporate insiders own 49.81% of the company’s stock.

Institutional Trading of VOXX International

Several institutional investors have recently added to or reduced their stakes in VOXX. BNP Paribas Financial Markets grew its position in VOXX International by 72.7% in the 1st quarter. BNP Paribas Financial Markets now owns 5,588 shares of the auto parts company’s stock valued at $46,000 after acquiring an additional 2,353 shares during the last quarter. Acadian Asset Management LLC bought a new stake in VOXX International during the 2nd quarter valued at about $44,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in VOXX International in the 2nd quarter valued at about $63,000. Marshall Wace LLP bought a new position in VOXX International in the 2nd quarter worth about $67,000. Finally, Squarepoint Ops LLC purchased a new position in shares of VOXX International during the second quarter worth approximately $130,000. 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. 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.