Voxx International Corp. (VOXX) Trading Up 2%
Voxx International Corp. (NASDAQ:VOXX) was up 2% during mid-day trading on Thursday . The company traded as high as $3.10 and last traded at $3.03, with a volume of 56,266 shares changing hands. The stock had previously closed at $2.97.
Separately, Zacks Investment Research downgraded Voxx International Corp. from a “hold” rating to a “sell” rating in a research report on Saturday, May 21st.
The stock has a 50-day moving average of $2.77 and a 200 day moving average of $3.57. The company’s market capitalization is $70.79 million.
Voxx International Corp. (NASDAQ:VOXX) last released its quarterly earnings data on Monday, July 11th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.08. During the same quarter last year, the business earned ($0.03) EPS. The company had revenue of $155.50 million for the quarter. The company’s revenue for the quarter was down 5.4% compared to the same quarter last year. Analysts predict that Voxx International Corp. will post $0.26 earnings per share for the current fiscal year.
An institutional investor recently raised its position in Voxx International Corp. stock. Employees Retirement System of Texas boosted its stake in Voxx International Corp. (NASDAQ:VOXX) by 63.4% during the fourth quarter, according to its most recent disclosure with the SEC. The firm 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 approximately 1.51% of Voxx International Corp. worth $1,925,000 at the end of the most recent quarter.
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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