Voxx International Corp. (VOXX) Shares Down 2.7%
Voxx International Corp. (NASDAQ:VOXX) traded down 2.7% during mid-day trading on Monday . The stock traded as low as $2.86 and last traded at $2.91, with a volume of 65,185 shares traded. The stock had previously closed at $2.99.
Separately, Zacks Investment Research raised shares of Voxx International Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, July 13th.
The stock has a 50 day moving average of $2.75 and a 200-day moving average of $3.59. The stock’s market capitalization is $71.76 million.
Voxx International Corp. (NASDAQ:VOXX) last posted 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. The business had revenue of $155.50 million for the quarter. During the same quarter in the prior year, the company earned ($0.03) EPS. The business’s revenue was down 5.4% on a year-over-year basis. Equities analysts anticipate that Voxx International Corp. will post $0.26 earnings per share for the current year.
An institutional investor recently raised its position in Voxx International Corp. stock. Employees Retirement System of Texas increased its position in Voxx International Corp. (NASDAQ:VOXX) by 63.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 366,000 shares of the company’s stock after buying an additional 142,000 shares during the period. Employees Retirement System of Texas owned 1.51% of Voxx International Corp. worth $1,925,000 as of its most recent SEC filing.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.