VOXX International (NASDAQ:VOXX) Research Coverage Started at StockNews.com

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

VOXX International Price Performance

Shares of VOXX opened at $7.34 on Friday. The company has a current ratio of 2.10, a quick ratio of 1.05 and a debt-to-equity ratio of 0.20. The stock’s 50 day moving average is $7.39 and its two-hundred day moving average is $5.58. VOXX International has a twelve month low of $2.27 and a twelve month high of $11.31. The firm has a market capitalization of $165.19 million, a PE ratio of -6.61 and a beta of 1.24.

VOXX International (NASDAQ:VOXX) last posted its quarterly earnings results on Thursday, October 10th. The auto parts company reported $0.10 earnings per share for the quarter. VOXX International had a negative return on equity of 9.88% and a negative net margin of 6.06%. The firm had revenue of $92.49 million for the quarter.

Hedge Funds Weigh In On VOXX International

Large investors have recently made changes to their positions in the stock. Acadian Asset Management LLC acquired a new position in VOXX International during the second quarter worth about $44,000. Renaissance Technologies LLC grew its holdings in shares of VOXX International by 6.3% in the 2nd quarter. Renaissance Technologies LLC now owns 421,826 shares of the auto parts company’s stock worth $1,333,000 after acquiring an additional 25,000 shares during the period. Marshall Wace LLP purchased a new position in VOXX International in the 2nd quarter valued at approximately $67,000. Squarepoint Ops LLC purchased a new position in VOXX International in the 2nd quarter valued at approximately $130,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in VOXX International during the second quarter worth $63,000. Hedge funds and other 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.