VOXX International (VOXX) Scheduled to Post Earnings on Monday

VOXX International (NASDAQ:VOXX – Get Rating) is set to post its quarterly earnings results after the market closes on Monday, May 16th. Investors that are interested in registering for the company’s conference call can do so using this link.

VOXX stock opened at $7.12 on Monday. The stock has a market capitalization of $170.00 million, a price-to-earnings ratio of -10.79 and a beta of 1.32. The firm’s 50-day moving average price is $9.47 and its two-hundred day moving average price is $10.48. The company has a current ratio of 1.56, a quick ratio of 0.81 and a debt-to-equity ratio of 0.03. VOXX International has a 12-month low of $7.06 and a 12-month high of $17.76.

In other news, Chairman John J. Shalam sold 17,340 shares of VOXX International stock in a transaction dated Wednesday, February 9th. The shares were sold at an average price of $13.00, for a total transaction of $225,420.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Beat Kahli purchased 25,000 shares of the firm’s stock in a transaction that occurred on Friday, February 11th. The stock was bought at an average cost of $12.73 per share, with a total value of $318,250.00. The disclosure for this purchase can be found here. Insiders own 37.57% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VOXX. Morgan Stanley grew its stake in VOXX International by 19.2% in the third quarter. Morgan Stanley now owns 234,972 shares of the auto parts company’s stock worth $2,690,000 after purchasing an additional 37,842 shares during the period. Millennium Management LLC grew its position in shares of VOXX International by 91.3% in the 4th quarter. Millennium Management LLC now owns 111,673 shares of the auto parts company’s stock worth $1,136,000 after buying an additional 53,289 shares during the period. Bank of New York Mellon Corp increased its stake in shares of VOXX International by 3.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 83,961 shares of the auto parts company’s stock worth $962,000 after acquiring an additional 2,985 shares in the last quarter. Invesco Ltd. lifted its position in VOXX International by 12.1% during the 3rd quarter. Invesco Ltd. now owns 43,851 shares of the auto parts company’s stock valued at $502,000 after acquiring an additional 4,733 shares during the period. Finally, UBS Group AG boosted its stake in VOXX International by 3.7% during the third quarter. UBS Group AG now owns 42,539 shares of the auto parts company’s stock worth $487,000 after acquiring an additional 1,500 shares in the last quarter. Institutional investors own 58.92% of the company’s stock.

Separately, StockNews.com assumed coverage on VOXX International in a research report on Thursday, March 31st. They set a “hold” rating for the company.

VOXX International Company Profile (Get Rating)

VOXX International Corporation, together with its subsidiaries, designs, manufactures, and distributes automotive electronics, consumer electronics, and biometric products in the United States, Europe, and internationally. Its Automotive Electronics segment offers mobile multi-media infotainment products; satellite radios; smart phone telematics applications; automotive security, vehicle access, and remote start systems; automotive power accessories; rear observation and collision avoidance systems; driver distraction products; power lift gates; mobile interface modules; turn signal switches; automotive lighting products; automotive sensing and camera systems; USB ports; cruise control systems; and heated seats.

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