VOXX International (NASDAQ:VOXX) Upgraded to “Buy” by StockNews.com

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

VOXX International Trading Up 3.4 %

VOXX traded up $0.20 during trading on Friday, hitting $6.15. 34,270 shares of the stock were exchanged, compared to its average volume of 35,750. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.81. The firm has a 50 day simple moving average of $7.73 and a 200 day simple moving average of $9.01. The firm has a market cap of $138.99 million, a price-to-earnings ratio of -3.75 and a beta of 1.38. VOXX International has a 1 year low of $5.76 and a 1 year high of $13.23.

Institutional Investors Weigh In On VOXX International

Several large investors have recently modified their holdings of VOXX. Well Done LLC increased its holdings in VOXX International by 902.6% during the fourth 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. Exchange Traded Concepts LLC raised its position in shares of VOXX International by 27.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 28,475 shares of the auto parts company’s stock worth $304,000 after acquiring an additional 6,171 shares in the last quarter. Public Employees Retirement System of Ohio raised its position 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 worth $60,000 after acquiring an additional 6,500 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in shares of VOXX International by 72.7% during the 1st quarter. BNP Paribas Financial Markets now owns 5,588 shares of the auto parts company’s stock worth $46,000 after purchasing an additional 2,353 shares during the last quarter. Institutional investors 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.