VOXX International (NASDAQ:VOXX) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of VOXX International (NASDAQ:VOXX) in a research report released on Friday morning. The brokerage issued a hold rating on the auto parts company’s stock.

VOXX International Price Performance

Shares of NASDAQ:VOXX opened at $7.47 on Friday. VOXX International has a 52 week low of $2.27 and a 52 week high of $9.22. The company’s 50 day moving average is $7.41 and its two-hundred day moving average is $6.43. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.10 and a quick ratio of 1.05.

VOXX International (NASDAQ:VOXX) last posted its 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 6.06% and a negative return on equity of 9.88%.

Institutional Trading of VOXX International

Several hedge funds have recently made changes to their positions in VOXX. State Street Corp increased its holdings in VOXX International by 5.4% during the 3rd quarter. State Street Corp now owns 52,408 shares of the auto parts company’s stock valued at $333,000 after acquiring an additional 2,700 shares in the last quarter. Empowered Funds LLC increased its holdings in VOXX International by 5.1% during the 4th 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 in the last quarter. AlphaQuest LLC purchased a new position in VOXX International during the 4th quarter valued at about $51,000. Moors & Cabot Inc. increased its holdings in VOXX International by 6.1% during the 3rd quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company’s stock valued at $886,000 after acquiring an additional 8,000 shares in the last quarter. Finally, Barclays PLC purchased a new position in VOXX International during the 4th quarter valued at about $69,000. 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.