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

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

VOXX International Stock Performance

Shares of VOXX stock opened at $7.50 on Tuesday. The company has a market cap of $168.96 million, a price-to-earnings ratio of -2.43 and a beta of 1.19. VOXX International has a 52 week low of $2.27 and a 52 week high of $8.12. 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 firm has a 50 day moving average of $7.49 and a 200-day moving average of $7.44.

Institutional Trading of VOXX International

Hedge funds have recently bought and sold shares of the business. Peapod Lane Capital LLC acquired a new stake in VOXX International in the 4th quarter valued at $3,632,000. AlphaQuest LLC acquired a new stake in VOXX International in the 4th quarter valued at $51,000. Gardner Lewis Asset Management L P acquired a new stake in VOXX International in the 4th quarter valued at $2,030,000. Empowered Funds LLC grew its position in VOXX International by 5.1% in the 4th quarter. Empowered Funds LLC now owns 105,239 shares of the auto parts company’s stock valued at $777,000 after purchasing an additional 5,067 shares during the period. Finally, Rangeley Capital LLC acquired a new stake in VOXX International in the 4th quarter valued at $263,000. Institutional investors and hedge funds 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.