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

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

VOXX International Price Performance

Shares of VOXX opened at $7.49 on Tuesday. VOXX International has a 12-month low of $2.27 and a 12-month high of $8.40. The business has a 50-day simple moving average of $7.42 and a two-hundred day simple moving average of $7.16. 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 stock has a market cap of $168.73 million, a PE 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) EPS for the quarter. VOXX International had a negative net margin of 18.06% and a negative return on equity of 15.29%.

Institutional Investors Weigh In On VOXX International

Institutional investors have recently made changes to their positions in the stock. AlphaQuest LLC bought a new stake in shares of VOXX International in the 4th quarter valued at about $51,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of VOXX International in the 4th quarter valued at about $65,000. Cubist Systematic Strategies LLC bought a new stake in shares of VOXX International during the 4th quarter valued at about $66,000. Barclays PLC bought a new stake in shares of VOXX International during the 4th quarter valued at about $69,000. Finally, GTS Securities LLC bought a new stake in shares of VOXX International during the 4th quarter valued at about $74,000. 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.