On January 9, VOXX International (NASDAQ: VOXX) will make public the financial results of its most recent quarter public.
VOXX International (NASDAQ: VOXX) made the findings of its most recent quarterly financial report public on Tuesday, October 11. The company specializing in the sale of automobile components reported a loss of $0.42 per share. The company generated total revenue of 125.71 million dollars during the period under consideration. The net margin for VOXX International was negative by 6.90%, and the company’s return on equity was also negative by 12.53%.
On Friday, the price of a single share of VOXX International stock was set at $9.02, and trading began. The moving average price of the company over the past 200 days is $8.84, while the moving average price over the last 50 days is $9.60. During the past 52 weeks, the price of VOXX International has fluctuated between $5.85 and $13.34 on average, with a price of $13.34 being the current price. The debt-to-equity ratio comes in at 0.11, the quick ratio comes in at 0.66, the current ratio comes in at 1.84, and the quick ratio comes in at 1.84.
On Wednesday, October 12, the company’s CEO, Patrick M. Lavelle, purchased 5,221 shares of the company’s stock. Other items that pertain to this topic include the following: Because the total price per share paid for the acquisition was $6.50, the total amount spent on the acquisition was $33,936.50. As a direct consequence of the transaction, the chief executive officer now owns 563,961 company shares, the total value of which is $3,665,746.50. The Securities and Exchange Commission (SEC) website currently contains information about the acquisition that was previously submitted to the SEC for review and approval. On Wednesday, October 12, the company’s CEO, Patrick M. Lavelle, purchased 5,221 shares of the company’s stock. Other items that pertain to this topic include the following: Because the total price per share paid for the acquisition was $6.50, the total amount spent on the acquisition was $33,936.50. The transaction was reported in a document submitted to the Securities and Exchange Commission. The document can be found on the website of the SEC. The document reveals that as a direct result of the acquisition, the company’s Chief Executive Officer now possesses 563,961 shares of the company, which have an estimated value of $3,665,746.50 at present. In addition, on November 23, Director Beat Kahli made a personal investment in the company by purchasing an additional 10,000 shares of the corporation’s ownership for his portfolio. The total price of the shares was $110,500.00, and the individual price of each share was an average of 11,05 dollars. This brought the total price of the shares to $110,500.00. As a result of the acquisition, the director now possesses 5,440,000 shares of the company, each of which has a market value of approximately $60,112,000 when taken together. You should look in this location if you are looking for the disclosure that pertains to this transaction. Over the past ninety days, company insiders have purchased 371996 shares for $3,469,827. As a result of these purchases, company insiders now hold 41.03% of the total shares outstanding.
In recent times, there has been a shift in the way that hedge funds and other types of institutional investors view the market. Cubist Systematic Strategies LLC raised its stake in VOXX International during the second quarter by increasing its investment by purchasing additional shares. This brought the total value of the company’s investment to approximately $128,000. Price T. Rowe Associates Inc. (MD) initiated a new investment by purchasing approximately 121,000 dollars worth of shares in VOXX International during the third quarter of the fiscal year. The Royal Bank of Canada was successful in adding 14.5% more shares of VOXX International to its holdings over the third quarter. The Royal Bank of Canada now has a total holdings value of auto parts company stock equal to $150,000 after purchasing an additional 2,500 shares of the company’s stock during the most recent quarter. This brings the total value of the Royal Bank of Canada’s auto parts company stock holdings to $150,000. The percentage of VOXX International, owned by UBS Group AG, rose by 9.2% during the third fiscal quarter. Following the acquisition of 2,062 additional shares during the most recent quarter, UBS Group AG now holds 24,531 shares of the auto parts company’s stock, which is $187,000. The most recent fiscal quarter was used for the purchase of these shares. Lastly, during the period covered by the report for the second quarter, AQR Capital Management LLC established a new stake in VOXX International shares with an approximate value of $234,000. Institutional investors, including hedge funds and other types of funds, own 60.55 percent of the company’s stock.
Several research analysts have recently provided commentary on the VOXX stock. DA Davidson announced, in a research report published on Thursday, October 13, that the price goal they had set for VOXX International had been reduced from $16.00 to $10.00. The report was published online. Imperial Capital lowered its rating on shares of VOXX International from “outperform” to “in-line” and set a price objective of $10.00 on the company’s common stock in a research note published on Thursday, October 13. The research note was about the company’s common stock. Finally, the stock of VOXX International was downgraded by the investment research firm StockNews.com from a “hold” recommendation to a “sell” rating in a report published on Thursday. This was the final modification that was up for debate.
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