VOXX International (NASDAQ:VOXX) Share Price Passes Above 200 Day Moving Average – Should You Sell?

VOXX International Co. (NASDAQ:VOXX)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.34 and traded as high as $7.34. VOXX International shares last traded at $7.29, with a volume of 375,142 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of VOXX International in a report on Saturday. They issued a “hold” rating on the stock.

VOXX International Stock Performance

The stock has a 50-day moving average of $7.45 and a two-hundred day moving average of $5.37. The company has a market cap of $164.06 million, a P/E ratio of -6.57 and a beta of 1.21. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.05 and a current ratio of 2.10.

VOXX International (NASDAQ:VOXX) last announced its quarterly earnings results on Thursday, October 10th. The auto parts company reported $0.10 earnings per share for the quarter. VOXX International had a negative net margin of 6.06% and a negative return on equity of 9.88%. The company had revenue of $92.49 million during the quarter.

Hedge Funds Weigh In On VOXX International

A number of hedge funds have recently bought and sold shares of the business. Acuitas Investments LLC bought a new stake in shares of VOXX International in the second quarter worth approximately $855,000. Acadian Asset Management LLC bought a new stake in VOXX International in the 2nd quarter worth approximately $44,000. Renaissance Technologies LLC raised its stake in VOXX International by 6.3% during the 2nd quarter. Renaissance Technologies LLC now owns 421,826 shares of the auto parts company’s stock valued at $1,333,000 after buying an additional 25,000 shares during the last quarter. Marshall Wace LLP bought a new position in shares of VOXX International during the 2nd quarter valued at $67,000. Finally, Squarepoint Ops LLC purchased a new position in shares of VOXX International in the 2nd quarter worth $130,000. Hedge funds and other 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.