Voxx International Corp. (VOXX) Shares Up 4.2%
Voxx International Corp. (NASDAQ:VOXX) shot up 4.2% during mid-day trading on Friday . The company traded as high as $2.75 and last traded at $2.73, with a volume of 142,620 shares changing hands. The stock had previously closed at $2.62.
Separately, Zacks Investment Research downgraded shares of Voxx International Corp. from a “buy” rating to a “hold” rating in a report on Saturday, July 30th.
The firm’s market cap is $64.51 million. The firm’s 50-day moving average price is $2.77 and its 200 day moving average price is $3.72.
Voxx International Corp. (NASDAQ:VOXX) last issued its quarterly earnings results on Monday, July 11th. The company reported ($0.18) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.10) by $0.08. During the same period in the prior year, the business posted ($0.03) earnings per share. The business had revenue of $155.50 million for the quarter. The firm’s quarterly revenue was down 5.4% compared to the same quarter last year. Equities analysts predict that Voxx International Corp. will post $0.26 EPS for the current year.
An institutional investor recently raised its position in Voxx International Corp. stock. Royce & Associates LLC raised its position in shares of 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 approximately 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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