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

Equities researchers at StockNews.com started coverage on shares of VOXX International (NASDAQ:VOXX) in a report released on Wednesday. The firm set a “hold” rating on the auto parts company’s stock.

VOXX International Stock Performance

NASDAQ VOXX opened at $7.37 on Wednesday. The company’s 50 day moving average is $7.45 and its 200-day moving average is $6.06. The company has a quick ratio of 1.05, a current ratio of 2.10 and a debt-to-equity ratio of 0.20. VOXX International has a 12-month low of $2.27 and a 12-month high of $9.24. The firm has a market cap of $165.83 million, a P/E ratio of -6.64 and a beta of 1.24.

Institutional Trading of VOXX International

A number of hedge funds have recently made changes to their positions in the stock. Well Done LLC grew its position in VOXX International by 95.2% during the 3rd quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company’s stock worth $41,110,000 after acquiring an additional 3,152,500 shares during the last quarter. Tenzing Global Management LLC bought a new position in shares of VOXX International during the third quarter valued at about $6,201,000. Peapod Lane Capital LLC purchased a new stake in shares of VOXX International during the fourth quarter worth about $3,632,000. Renaissance Technologies LLC raised its position in VOXX International by 6.3% during 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, Moors & Cabot Inc. grew its position in shares of VOXX International by 6.1% in the 3rd quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company’s stock worth $886,000 after buying an additional 8,000 shares during the last quarter. 71.00% of the stock is owned by institutional investors.

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.