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

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

VOXX International Trading Up 0.1 %

Shares of VOXX stock opened at $7.33 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.10 and a quick ratio of 1.05. VOXX International has a 1 year low of $2.27 and a 1 year high of $9.24. The stock has a market capitalization of $164.93 million, a price-to-earnings ratio of -6.60 and a beta of 1.24. The company’s fifty day simple moving average is $7.38 and its two-hundred day simple moving average is $5.89.

Hedge Funds Weigh In On VOXX International

A number of large investors have recently modified their holdings of the company. Burney Co. bought a new position in VOXX International in the 4th quarter worth about $103,000. Tenzing Global Management LLC bought a new stake in VOXX International in the third quarter valued at approximately $6,201,000. State Street Corp raised its holdings in VOXX International by 5.4% during the 3rd quarter. State Street Corp now owns 52,408 shares of the auto parts company’s stock valued at $333,000 after buying an additional 2,700 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of VOXX International during the third quarter worth about $142,000. Finally, Moors & Cabot Inc. lifted its holdings in VOXX International by 6.1% in the 3rd quarter. Moors & Cabot Inc. now owns 139,256 shares of the auto parts company’s stock worth $886,000 after buying an additional 8,000 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.