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

Research analysts at StockNews.com initiated coverage on shares of VOXX International (NASDAQ:VOXX) in a report released on Tuesday. The firm set a “hold” rating on the auto parts company’s stock.

VOXX International Price Performance

NASDAQ VOXX opened at $7.33 on Tuesday. The business’s fifty day moving average is $7.38 and its 200 day moving average is $5.89. The company has a market capitalization of $164.93 million, a PE ratio of -6.60 and a beta of 1.24. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.05 and a current ratio of 2.10. VOXX International has a fifty-two week low of $2.27 and a fifty-two week high of $9.24.

Institutional Trading of VOXX International

Several institutional investors and hedge funds have recently modified their holdings of VOXX. Renaissance Technologies LLC boosted its position in shares of VOXX International by 6.3% during the second 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 last quarter. Marshall Wace LLP bought a new position in VOXX International during the second quarter valued at $67,000. Squarepoint Ops LLC bought a new position in VOXX International during the 2nd quarter valued at about $130,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of VOXX International in the second quarter worth approximately $63,000. Finally, Marquette Asset Management LLC increased its stake in VOXX International by 60.0% in the third quarter. Marquette Asset Management LLC now owns 78,176 shares of the auto parts company’s stock worth $497,000 after purchasing an additional 29,326 shares during the period. 71.00% of the stock is currently owned by 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.