VOXX International (NASDAQ:VOXX) Lifted to Buy at StockNews.com

StockNews.com upgraded shares of VOXX International (NASDAQ:VOXX) from a hold rating to a buy rating in a report published on Friday morning.

VOXX International Stock Up 3.4 %

VOXX International stock opened at $6.15 on Friday. The stock has a market cap of $138.99 million, a PE ratio of -3.75 and a beta of 1.38. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.81. The stock has a fifty day moving average of $7.73 and a 200 day moving average of $9.01. VOXX International has a one year low of $5.76 and a one year high of $13.23.

Hedge Funds Weigh In On VOXX International

A number of institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets raised its position in VOXX International by 72.7% in the first quarter. BNP Paribas Financial Markets now owns 5,588 shares of the auto parts company’s stock worth $46,000 after acquiring an additional 2,353 shares during the period. Public Employees Retirement System of Ohio raised its holdings in VOXX International by 650.0% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 7,500 shares of the auto parts company’s stock worth $60,000 after purchasing an additional 6,500 shares during the period. Exchange Traded Concepts LLC purchased a new position in VOXX International during the third quarter valued at $178,000. Finally, Well Done LLC lifted its position in VOXX International by 902.6% during the fourth quarter. Well Done LLC now owns 1,742,558 shares of the auto parts company’s stock valued at $18,611,000 after purchasing an additional 1,568,750 shares in the last quarter. Hedge funds and other institutional investors 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. Its Automotive Electronics segment offers mobile multi-media infotainment products, including overhead, seat-back, and headrest systems; automotive security, vehicle access, and remote start systems; satellite radios comprising plug and play, and direct connect models; smart phone telematics applications; mobile interface modules; automotive power accessories; rear observation and collision avoidance systems; driver distraction products; power lift gates; turn signal switches; automotive lighting products; automotive sensing and camera systems; USB ports; cruise control systems; and heated seats.