VOXX International (NASDAQ:VOXX) Trading Up 12.8%

VOXX International Corp (NASDAQ:VOXX)’s stock price was up 12.8% during mid-day trading on Thursday . The company traded as high as $4.86 and last traded at $4.85, approximately 106,252 shares changed hands during mid-day trading. An increase of 172% from the average daily volume of 39,057 shares. The stock had previously closed at $4.30.

Separately, TheStreet downgraded VOXX International from a “c-” rating to a “d” rating in a research report on Wednesday, June 19th.

The company has a debt-to-equity ratio of 0.02, a current ratio of 2.63 and a quick ratio of 1.34. The stock has a 50-day simple moving average of $4.62 and a 200-day simple moving average of $4.39.

Large investors have recently added to or reduced their stakes in the business. Wiley BROS. Aintree Capital LLC purchased a new stake in VOXX International in the third quarter worth $56,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in VOXX International in the second quarter worth $51,000. Morgan Stanley increased its position in VOXX International by 74.9% in the second quarter. Morgan Stanley now owns 24,455 shares of the auto parts company’s stock worth $101,000 after buying an additional 10,471 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of VOXX International by 18.5% in the second quarter. Oppenheimer & Co. Inc. now owns 32,000 shares of the auto parts company’s stock valued at $133,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its position in shares of VOXX International by 48.7% in the second quarter. Jacobs Levy Equity Management Inc. now owns 49,640 shares of the auto parts company’s stock valued at $207,000 after purchasing an additional 16,257 shares in the last quarter. 52.28% of the stock is owned by institutional investors and hedge funds.

About VOXX International (NASDAQ:VOXX)

VOXX International Corporation, together with its subsidiaries, manufactures and distributes automotive, audio, and consumer accessories worldwide. Its Automotive segment offers rear-seat entertainment devices, satellite radio products, automotive security and remote start systems, mobile multimedia devices, aftermarket/OE-styled radios, car link-smartphone telematics applications, collision avoidance systems, and location-based services.

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