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

StockNews.com began coverage on shares of VOXX International (NASDAQ:VOXX) in a research report report published on Tuesday morning. The brokerage issued a hold rating on the auto parts company’s stock.

VOXX International Price Performance

Shares of NASDAQ VOXX opened at $7.32 on Tuesday. VOXX International has a 1-year low of $2.27 and a 1-year high of $9.24. The business has a 50-day moving average of $7.37 and a 200-day moving average of $5.85. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.10 and a quick ratio of 1.05. The company has a market capitalization of $164.70 million, a price-to-earnings ratio of -6.59 and a beta of 1.24.

Institutional Investors Weigh In On VOXX International

Several institutional investors and hedge funds have recently modified their holdings of VOXX. Well Done LLC boosted its holdings in VOXX International by 95.2% in the third quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company’s stock valued at $41,110,000 after purchasing an additional 3,152,500 shares during the last quarter. Tenzing Global Management LLC purchased a new position in VOXX International in the third quarter valued at about $6,201,000. Squarepoint Ops LLC purchased a new position in VOXX International in the second quarter valued at about $130,000. Marquette Asset Management LLC boosted its holdings in VOXX International by 60.0% in the third quarter. Marquette Asset Management LLC now owns 78,176 shares of the auto parts company’s stock valued at $497,000 after purchasing an additional 29,326 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in VOXX International by 40.7% in the third quarter. Empowered Funds LLC now owns 100,172 shares of the auto parts company’s stock valued at $637,000 after purchasing an additional 28,982 shares during the last quarter. 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.