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

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

VOXX International Stock Performance

VOXX International stock opened at $7.45 on Friday. VOXX International has a 1 year low of $2.27 and a 1 year high of $8.52. The firm’s 50 day moving average price is $7.38 and its 200-day moving average price is $6.83. 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 has a market cap of $167.83 million, a P/E ratio of -2.41 and a beta of 1.23.

VOXX International (NASDAQ:VOXX) last announced its quarterly earnings results on Friday, February 7th. The auto parts company reported ($0.38) earnings per share (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

A number of hedge funds have recently made changes to their positions in the company. AlphaQuest LLC bought a new stake in VOXX International in the 4th quarter worth approximately $51,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of VOXX International in the fourth quarter valued at $65,000. Cubist Systematic Strategies LLC bought a new stake in VOXX International in the fourth quarter worth $66,000. Barclays PLC purchased a new stake in VOXX International during the fourth quarter valued at $69,000. Finally, GTS Securities LLC purchased a new stake in VOXX International during the fourth quarter valued at $74,000. 71.00% of the stock is currently owned by hedge funds and other institutional investors.

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.