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

StockNews.com started coverage on shares of VOXX International (NASDAQ:VOXX) in a research report sent to investors on Saturday morning. The brokerage issued a hold rating on the auto parts company’s stock.

VOXX International Price Performance

Shares of VOXX International stock opened at $7.45 on Friday. The firm has a market cap of $167.83 million, a PE ratio of -2.41 and a beta of 1.23. The business has a 50-day moving average price of $7.38 and a 200 day moving average price of $6.63. The company has a quick ratio of 0.97, a current ratio of 1.85 and a debt-to-equity ratio of 0.07. VOXX International has a twelve month low of $2.27 and a twelve month high of $9.22.

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

Institutional Trading of VOXX International

Several institutional investors have recently modified their holdings of VOXX. Tenzing Global Management LLC purchased a new position in VOXX International in the 3rd quarter valued at about $6,201,000. Peapod Lane Capital LLC acquired a new stake in shares of VOXX International in the fourth quarter worth approximately $3,632,000. Gabelli Funds LLC purchased a new stake in shares of VOXX International during the fourth quarter worth approximately $2,595,000. Gardner Lewis Asset Management L P acquired a new position in VOXX International in the 4th quarter valued at $2,030,000. Finally, Bridgeway Capital Management LLC lifted its holdings in VOXX International by 1.6% in the 4th quarter. Bridgeway Capital Management LLC now owns 203,739 shares of the auto parts company’s stock valued at $1,504,000 after purchasing an additional 3,267 shares in the last quarter. 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.