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

Analysts at StockNews.com assumed coverage on shares of VOXX International (NASDAQ:VOXX) in a note issued to investors on Thursday. The firm set a “hold” rating on the auto parts company’s stock.

VOXX International Stock Performance

Shares of NASDAQ:VOXX opened at $7.40 on Thursday. VOXX International has a 12-month low of $2.27 and a 12-month high of $9.24. The company’s 50 day moving average price is $7.43 and its two-hundred day moving average price is $6.23. The firm has a market cap of $166.50 million, a PE ratio of -6.67 and a beta of 1.23. 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 (NASDAQ:VOXX) last issued its quarterly earnings results on Friday, February 7th. The auto parts company reported ($0.38) earnings per share (EPS) for the quarter. VOXX International had a negative return on equity of 9.88% and a negative net margin of 6.06%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp raised its position in shares of VOXX International by 5.4% in the 3rd quarter. State Street Corp now owns 52,408 shares of the auto parts company’s stock valued at $333,000 after buying an additional 2,700 shares in the last quarter. Empowered Funds LLC increased its stake in VOXX International by 5.1% in the fourth quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company’s stock valued at $777,000 after acquiring an additional 5,067 shares during the last quarter. AlphaQuest LLC acquired a new position in VOXX International during the fourth quarter valued at approximately $51,000. Moors & Cabot Inc. boosted its holdings 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 valued at $886,000 after purchasing an additional 8,000 shares in the last quarter. Finally, Wolverine Asset Management LLC bought a new position in shares of VOXX International in the 4th quarter valued at $92,000. 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. 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.