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

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

VOXX International Price Performance

NASDAQ VOXX opened at $7.50 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.85 and a quick ratio of 0.97. The stock’s 50-day moving average is $7.43 and its two-hundred day moving average is $7.22. The firm has a market cap of $168.96 million, a P/E ratio of -2.43 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.

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

Institutional Trading of VOXX International

Several hedge funds and other institutional investors have recently modified their holdings of VOXX. GTS Securities LLC bought a new stake in shares of VOXX International during the fourth quarter worth $74,000. Sagefield Capital LP purchased a new position in VOXX International in the fourth quarter valued at approximately $280,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of VOXX International in the fourth quarter valued at $65,000. OMERS ADMINISTRATION Corp increased its stake in VOXX International by 70.1% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 83,713 shares of the auto parts company’s stock worth $618,000 after acquiring an additional 34,513 shares during the last quarter. Finally, Kahn Brothers Group Inc. grew its holdings in shares of VOXX International by 10.5% during the 4th quarter. Kahn Brothers Group Inc. now owns 114,676 shares of the auto parts company’s stock valued at $846,000 after purchasing an additional 10,868 shares during the last quarter. 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.