Voxx International Corp. (VOXX) Trading Down 3%
Voxx International Corp. (NASDAQ:VOXX)’s share price dropped 3% during mid-day trading on Thursday . The stock traded as low as $2.62 and last traded at $2.62, with a volume of 93,165 shares changing hands. The stock had previously closed at $2.70.
Separately, Zacks Investment Research raised Voxx International Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, July 13th.
The firm’s market cap is $61.12 million. The company’s 50 day moving average is $2.93 and its 200-day moving average is $3.89.
Voxx International Corp. (NASDAQ:VOXX) last issued its quarterly earnings results on Monday, July 11th. The company reported ($0.18) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by $0.08. The business had revenue of $155.50 million for the quarter. Voxx International Corp.’s quarterly revenue was down 5.4% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.03) earnings per share. On average, equities research analysts anticipate that Voxx International Corp. will post $0.26 EPS for the current year.
A hedge fund recently raised its stake in Voxx International Corp. stock. Royce & Associates LLC raised its stake 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 SEC. The fund 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.