StockNews.com Begins Coverage on VOXX International (NASDAQ:VOXX)

Equities research analysts at StockNews.com assumed coverage on shares of VOXX International (NASDAQ:VOXX) in a report released on Tuesday. The brokerage set a “hold” rating on the auto parts company’s stock.

VOXX International Price Performance

Shares of VOXX International stock opened at $7.48 on Tuesday. VOXX International has a 52-week low of $2.27 and a 52-week high of $8.52. The firm’s 50 day moving average price is $7.40 and its 200-day moving average price is $7.12. The company has a quick ratio of 0.97, a current ratio of 1.85 and a debt-to-equity ratio of 0.07. The company has a market cap of $168.51 million, a P/E ratio of -2.42 and a beta of 1.19.

VOXX International (NASDAQ:VOXX) last released 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 15.29% and a negative net margin of 18.06%.

Institutional Investors Weigh In On VOXX International

Several institutional investors have recently added to or reduced their stakes in the business. 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 purchasing an additional 2,700 shares during the last quarter. Bridgeway Capital Management LLC increased its stake 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 in the last quarter. Empowered Funds LLC raised its holdings in shares of VOXX International by 5.1% in the fourth quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company’s stock worth $777,000 after buying an additional 5,067 shares during the last quarter. AlphaQuest LLC acquired a new stake in shares of VOXX International during the fourth quarter worth $51,000. Finally, Moors & Cabot Inc. grew its holdings in shares of VOXX International by 6.1% during the third quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company’s stock valued at $886,000 after buying an additional 8,000 shares during the last quarter. 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.