StockNews.com Begins Coverage on VOXX International (NASDAQ:VOXX)

StockNews.com started coverage on shares of VOXX International (NASDAQ:VOXX) in a research note issued to investors on Monday. The firm set a “hold” rating on the auto parts company’s stock.

VOXX International Price Performance

Shares of VOXX International stock opened at $7.45 on Monday. The business’s fifty day moving average price is $7.39 and its two-hundred day moving average price is $7.02. 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 company has a market capitalization of $167.83 million, a P/E ratio of -2.41 and a beta of 1.19. VOXX International has a 1-year low of $2.27 and a 1-year high of $8.52.

VOXX International (NASDAQ:VOXX) last issued 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%.

Hedge Funds Weigh In On VOXX International

Several hedge funds have recently modified their holdings of VOXX. AlphaQuest LLC acquired a new position in shares of VOXX International during the 4th quarter valued at $51,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of VOXX International in the 4th quarter worth $65,000. Cubist Systematic Strategies LLC acquired a new position in shares of VOXX International in the 4th quarter worth $66,000. Barclays PLC acquired a new position in shares of VOXX International in the 4th quarter worth $69,000. Finally, GTS Securities LLC acquired a new position in shares of VOXX International in the 4th quarter worth $74,000. 71.00% of the stock is currently owned by institutional investors and hedge funds.

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.