VOXX International (NASDAQ:VOXX) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of VOXX International Co. (NASDAQ:VOXX) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.11 and traded as high as $7.99. VOXX International shares last traded at $7.99, with a volume of 74,103 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com raised VOXX International from a “sell” rating to a “hold” rating in a report on Monday, October 14th.

VOXX International Price Performance

The company has a 50-day moving average price of $7.39 and a 200-day moving average price of $5.11. The company has a market capitalization of $179.78 million, a price-to-earnings ratio of -7.20 and a beta of 1.21. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.05 and a current ratio of 2.10.

VOXX International (NASDAQ:VOXX) last posted its earnings results on Thursday, October 10th. The auto parts company reported $0.10 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%. The firm had revenue of $92.49 million during the quarter.

Institutional Investors Weigh In On VOXX International

Institutional investors have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC bought a new position in shares of VOXX International during the 2nd quarter worth approximately $44,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of VOXX International in the 2nd quarter valued at about $63,000. Marshall Wace LLP acquired a new stake in shares of VOXX International in the second quarter valued at approximately $67,000. Squarepoint Ops LLC acquired a new stake in VOXX International during the 2nd quarter valued at $130,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of VOXX International during the 3rd quarter worth about $142,000. 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.