Voxx International Corp. (VOXX) Stock Price Down 2.5%
Voxx International Corp. (NASDAQ:VOXX) was down 2.5% during mid-day trading on Thursday . The stock traded as low as $2.67 and last traded at $2.68, with a volume of 74,641 shares changing hands. The stock had previously closed at $2.75.
Separately, Zacks Investment Research upgraded shares of Voxx International Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday.
The stock has a 50 day moving average of $3.01 and a 200 day moving average of $3.97. The company’s market capitalization is $65.72 million.
Voxx International Corp. (NASDAQ:VOXX) last issued its quarterly earnings data on Monday, July 11th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by $0.08. The company earned $155.50 million during the quarter. During the same quarter in the prior year, the business posted ($0.03) earnings per share. The firm’s quarterly revenue was down 5.4% compared to the same quarter last year. Analysts anticipate that Voxx International Corp. will post $0.26 EPS for the current fiscal year.
A hedge fund recently raised its stake in Voxx International Corp. stock. Royce & Associates LLC raised its position in Voxx International Corp. (NASDAQ:VOXX) by 13.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,114,491 shares of the company’s stock after buying an additional 129,800 shares during the period. Royce & Associates LLC owned 4.61% of Voxx International Corp. worth $5,862,000 as of its most recent filing with the SEC.
VOXX International Corporation (Voxx) is an international manufacturer and distributor in the automotive, audio and consumer accessories industries. The Company operates in three segments, which include Automotive, Premium Audio and Consumer Accessories. The Automotive segment designs, manufactures, distributes and markets rear-seat entertainment devices, satellite radio products, automotive security, remote start systems, digital television tuners, mobile antennas, mobile multimedia devices and aftermarket/OE-styled radios, among others.
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