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

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

VOXX International Trading Up 0.1 %

NASDAQ VOXX opened at $7.35 on Monday. VOXX International has a one year low of $2.27 and a one year high of $9.24. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.05 and a current ratio of 2.10. The company has a market capitalization of $165.41 million, a price-to-earnings ratio of -6.62 and a beta of 1.24. The company’s 50-day simple moving average is $7.36 and its two-hundred day simple moving average is $5.69.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in VOXX. Burney Co. purchased a new position in VOXX International in the fourth quarter valued at about $103,000. Acadian Asset Management LLC purchased a new position in shares of VOXX International in the 2nd quarter worth approximately $44,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of VOXX International during the 2nd quarter worth approximately $63,000. Marshall Wace LLP purchased a new stake in VOXX International during the second quarter valued at approximately $67,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in VOXX International in the third quarter valued at approximately $142,000. 71.00% of the stock is owned by institutional investors.

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.