Voxx International Corp. (VOXX) Shares Up 2%
Voxx International Corp. (NASDAQ:VOXX) shot up 2% during trading on Thursday . The company traded as high as $3.10 and last traded at $3.03, with a volume of 56,266 shares trading hands. The stock had previously closed at $2.97.
Separately, Zacks Investment Research cut shares of Voxx International Corp. from a “buy” rating to a “hold” rating in a report on Saturday, July 30th.
The company’s 50 day moving average price is $2.77 and its 200 day moving average price is $3.58. The firm’s market capitalization is $73.20 million.
Voxx International Corp. (NASDAQ:VOXX) last announced its quarterly earnings data on Monday, July 11th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by $0.08. The firm had revenue of $155.50 million for the quarter. During the same period in the previous year, the company posted ($0.03) EPS. Voxx International Corp.’s quarterly revenue was down 5.4% on a year-over-year basis. Equities 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. Employees Retirement System of Texas raised its stake in Voxx International Corp. (NASDAQ:VOXX) by 63.4% during the fourth quarter, according to its most recent 13F filing with the SEC. 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 about 1.51% of Voxx International Corp. worth $1,925,000 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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