VOXX International (NASDAQ:VOXX) Upgraded at StockNews.com

VOXX International (NASDAQ:VOXX) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

VOXX International Trading Up 3.4 %

Shares of VOXX International stock opened at $6.15 on Friday. VOXX International has a 52 week low of $5.76 and a 52 week high of $13.23. The business’s fifty day simple moving average is $7.73 and its 200-day simple moving average is $9.01. The company has a quick ratio of 0.84, a current ratio of 1.81 and a debt-to-equity ratio of 0.17.

Hedge Funds Weigh In On VOXX International

Several large investors have recently modified their holdings of VOXX. Exchange Traded Concepts LLC purchased a new stake in shares of VOXX International in the 3rd quarter valued at $178,000. Public Employees Retirement System of Ohio raised its holdings in shares of VOXX International by 650.0% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 7,500 shares of the auto parts company’s stock valued at $60,000 after buying an additional 6,500 shares during the period. Well Done LLC raised its holdings in shares of VOXX International by 902.6% in the 4th quarter. Well Done LLC now owns 1,742,558 shares of the auto parts company’s stock valued at $18,611,000 after buying an additional 1,568,750 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in shares of VOXX International by 72.7% in the 1st quarter. BNP Paribas Financial Markets now owns 5,588 shares of the auto parts company’s stock valued at $46,000 after buying an additional 2,353 shares during the period. Institutional investors and hedge funds own 71.00% of the company’s stock.

VOXX International Company Profile

VOXX International Corporation 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, including overhead, seat-back, and headrest systems; automotive security, vehicle access, and remote start systems; satellite radios comprising plug and play, and direct connect models; smart phone telematics applications; mobile interface modules; automotive power accessories; rear observation and collision avoidance systems; driver distraction products; power lift gates; turn signal switches; automotive lighting products; automotive sensing and camera systems; USB ports; cruise control systems; and heated seats.