VOXX International Corp (NASDAQ:VOXX)’s share price hit a new 52-week low on Thursday . The stock traded as low as $4.50 and last traded at $4.49, with a volume of 2000 shares changing hands. The stock had previously closed at $4.91.
Separately, Zacks Investment Research upgraded shares of VOXX International from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 12th.
The company has a current ratio of 2.95, a quick ratio of 1.59 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $118.81 million, a price-to-earnings ratio of 154.00 and a beta of 0.20.
VOXX International (NASDAQ:VOXX) last posted its earnings results on Thursday, October 11th. The auto parts company reported ($0.85) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.83). VOXX International had a positive return on equity of 2.48% and a negative net margin of 0.11%. The business had revenue of $108.87 million during the quarter. During the same quarter in the previous year, the company earned ($0.03) EPS.
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Kahn Brothers Group Inc. DE increased its stake in VOXX International by 4.3% in the 3rd quarter. Kahn Brothers Group Inc. DE now owns 3,788,078 shares of the auto parts company’s stock valued at $19,698,000 after buying an additional 155,216 shares during the last quarter. Royce & Associates LP increased its stake in VOXX International by 8.7% in the 3rd quarter. Royce & Associates LP now owns 1,928,106 shares of the auto parts company’s stock valued at $10,026,000 after buying an additional 155,076 shares during the last quarter. Vanguard Group Inc. increased its stake in VOXX International by 4.3% in the 3rd quarter. Vanguard Group Inc. now owns 939,859 shares of the auto parts company’s stock valued at $4,887,000 after buying an additional 38,452 shares during the last quarter. Millennium Management LLC purchased a new stake in VOXX International in the 2nd quarter valued at about $1,965,000. Finally, Alambic Investment Management L.P. increased its stake in VOXX International by 14.1% in the 2nd quarter. Alambic Investment Management L.P. now owns 213,629 shares of the auto parts company’s stock valued at $1,154,000 after buying an additional 26,388 shares during the last quarter. Institutional investors own 56.95% of the company’s stock.
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VOXX International Company Profile (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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