VOXX International Corp (VOXX) Stock: Evaluating the Market Performance

Moreover, the 36-month beta value for VOXX is 1.19. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for VOXX is 9.46M and currently, short sellers hold a 2.96% of that float. On June 28, 2024, VOXX’s average trading volume was 79.00K shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

VOXX) stock’s latest price update

The stock price of VOXX International Corp (NASDAQ: VOXX) has dropped by -4.23 compared to previous close of 3.55. Despite this, the company has seen a fall of -4.76% in its stock price over the last five trading days. prnewswire.com reported 2024-05-14 that ORLANDO, Fla., May 14, 2024 /PRNewswire/ — VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2024 fourth quarter and year-ended February 29, 2024.

VOXX’s Market Performance

VOXX International Corp (VOXX) has experienced a -4.76% fall in stock performance for the past week, with a -8.60% drop in the past month, and a -58.84% drop in the past quarter. The volatility ratio for the week is 8.08%, and the volatility levels for the past 30 days are at 6.55% for VOXX. The simple moving average for the past 20 days is -5.31% for VOXX’s stock, with a -57.39% simple moving average for the past 200 days.

Analysts’ Opinion of VOXX

Many brokerage firms have already submitted their reports for VOXX stocks, with Imperial Capital repeating the rating for VOXX by listing it as a “In-line.” The predicted price for VOXX in the upcoming period, according to Imperial Capital is $10 based on the research report published on October 13, 2022 of the previous year 2022.

Imperial Capital, on the other hand, stated in their research note that they expect to see VOXX reach a price target of $15. The rating they have provided for VOXX stocks is “Outperform” according to the report published on November 04th, 2021.

DA Davidson gave a rating of “Buy” to VOXX, setting the target price at $21 in the report published on June 30th of the previous year.

VOXX Trading at -29.23% from the 50-Day Moving Average

After a stumble in the market that brought VOXX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -74.30% of loss for the given period.

Volatility was left at 6.55%, however, over the last 30 days, the volatility rate increased by 8.08%, as shares sank -7.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.87% lower at present.

During the last 5 trading sessions, VOXX fell by -4.76%, which changed the moving average for the period of 200-days by -58.59% in comparison to the 20-day moving average, which settled at $3.58. In addition, VOXX International Corp saw -68.16% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at VOXX starting from Adamovich John Jr, who purchase 1,000 shares at the price of $3.77 back on May 22 ’24. After this action, Adamovich John Jr now owns 13,000 shares of VOXX International Corp, valued at $3,770 using the latest closing price.

Adamovich John Jr, the Director of VOXX International Corp, purchase 1,000 shares at $4.05 during a trade that took place back on May 17 ’24, which means that Adamovich John Jr is holding 12,000 shares at $4,050 based on the most recent closing price.

Stock Fundamentals for VOXX

Current profitability levels for the company are sitting at:

  • -0.06 for the present operating margin
  • 0.23 for the gross margin

The net margin for VOXX International Corp stands at -0.09. The total capital return value is set at -0.08. Equity return is now at value -12.67, with -8.48 for asset returns.

Based on VOXX International Corp (VOXX), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at -0.28. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is -4.22.

Currently, EBITDA for the company is -15.08 million with net debt to EBITDA at -6.63. When we switch over and look at the enterprise to sales, we see a ratio of 0.3. The receivables turnover for the company is 6.2for trailing twelve months and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.43.

Conclusion

To wrap up, the performance of VOXX International Corp (VOXX) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts