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

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

VOXX International Stock Performance

Shares of VOXX stock opened at $7.48 on Wednesday. The company has a market capitalization of $168.51 million, a P/E ratio of -2.42 and a beta of 1.19. VOXX International has a fifty-two week low of $2.27 and a fifty-two week high of $8.40. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.97 and a current ratio of 1.85. The stock has a 50 day moving average price of $7.43 and a two-hundred day moving average price of $7.22.

VOXX International (NASDAQ:VOXX) last posted its quarterly earnings results on Friday, February 7th. The auto parts company reported ($0.38) EPS for the quarter. VOXX International had a negative net margin of 18.06% and a negative return on equity of 15.29%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. State Street Corp increased its stake in shares of VOXX International by 5.4% during the third 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 during the period. Bridgeway Capital Management LLC increased its position in VOXX International by 1.6% during the 4th quarter. Bridgeway Capital Management LLC now owns 203,739 shares of the auto parts company’s stock valued at $1,504,000 after purchasing an additional 3,267 shares during the period. Empowered Funds LLC raised its holdings in VOXX International by 5.1% in the 4th quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company’s stock worth $777,000 after purchasing an additional 5,067 shares in the last quarter. AlphaQuest LLC purchased a new stake in shares of VOXX International in the 4th quarter worth about $51,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of VOXX International in the 4th quarter worth about $65,000. 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. 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.