VOXX International (NASDAQ:VOXX) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

VOXX International Co. (NASDAQ:VOXX)’s stock price 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 changing hands.

Wall Street Analyst Weigh In

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

VOXX International Stock Up 4.3 %

The firm has a market capitalization of $179.78 million, a P/E ratio of -7.20 and a beta of 1.21. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.10 and a quick ratio of 1.05. The firm’s fifty day moving average price is $7.39 and its 200-day moving average price is $5.11.

VOXX International (NASDAQ:VOXX) last posted its quarterly earnings data 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%.

Institutional Trading of VOXX International

Several institutional investors and hedge funds have recently bought and sold shares of VOXX. Well Done LLC grew its position in VOXX International by 95.2% during the 3rd quarter. Well Done LLC now owns 6,463,808 shares of the auto parts company’s stock worth $41,110,000 after purchasing an additional 3,152,500 shares in the last quarter. Tenzing Global Management LLC bought a new position in shares of VOXX International in the 3rd quarter valued at approximately $6,201,000. Acuitas Investments LLC acquired a new position in shares of VOXX International during the 2nd quarter worth about $855,000. Squarepoint Ops LLC bought a new stake in VOXX International during the second quarter worth about $130,000. Finally, Acadian Asset Management LLC acquired a new stake in VOXX International during the 2nd quarter valued at $44,000. Institutional investors and hedge funds own 71.00% of the company’s stock.

VOXX International Company Profile

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.