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

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

VOXX International Price Performance

NASDAQ VOXX opened at $7.49 on Wednesday. The company has a market cap of $168.73 million, a P/E ratio of -2.42 and a beta of 1.19. VOXX International has a 1 year low of $2.27 and a 1 year high of $8.40. The company has a current ratio of 1.85, a quick ratio of 0.97 and a debt-to-equity ratio of 0.07. The company has a fifty day simple moving average of $7.42 and a 200 day simple moving average of $7.21.

VOXX International (NASDAQ:VOXX) last announced its quarterly earnings data on Friday, February 7th. The auto parts company reported ($0.38) EPS for the quarter. VOXX International had a negative net margin of 18.06% and a negative return on equity of 15.29%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of VOXX. Tenzing Global Management LLC bought a new stake in shares of VOXX International in the 3rd quarter valued at about $6,201,000. Peapod Lane Capital LLC acquired a new position in VOXX International during the fourth quarter valued at approximately $3,632,000. Gabelli Funds LLC bought a new stake in VOXX International in the fourth quarter valued at approximately $2,595,000. Gardner Lewis Asset Management L P acquired a new stake in VOXX International in the fourth quarter worth $2,030,000. Finally, Gamco Investors INC. ET AL bought a new position in shares of VOXX International during the fourth quarter worth $443,000. 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.