VOXX International (NASDAQ:VOXX) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

VOXX International Co. (NASDAQ:VOXX) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.11 and traded as high as $7.99. VOXX International shares last traded at $7.99, with a volume of 74,103 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised VOXX International from a “sell” rating to a “hold” rating in a research report on Monday, October 14th.

VOXX International Price Performance

The stock has a market cap of $179.78 million, a P/E ratio of -7.20 and a beta of 1.21. The business has a 50 day simple moving average of $7.39 and a 200-day simple moving average of $5.12. 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 (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. The company had revenue of $92.49 million during the quarter. VOXX International had a negative net margin of 6.06% and a negative return on equity of 9.88%.

Hedge Funds Weigh In On VOXX International

Several institutional investors have recently bought and sold shares of the company. Well Done LLC increased its position in VOXX International by 95.2% in the third quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company’s stock worth $41,110,000 after buying an additional 3,152,500 shares during the last quarter. Tenzing Global Management LLC purchased a new stake in VOXX International in the 3rd quarter worth about $6,201,000. Renaissance Technologies LLC increased its holdings in 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 last quarter. Acuitas Investments LLC bought a new stake in VOXX International in the 2nd quarter valued at about $855,000. Finally, Moors & Cabot Inc. lifted its holdings in VOXX International by 6.1% during the third quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company’s stock valued at $886,000 after purchasing an additional 8,000 shares during the last quarter. 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.