VOXX International Corp (VOXX, Financial) experienced a significant stock drop of 5.37%, with shares priced at $7.58 and a trading volume of 90,576 shares. The stock's turnover rate was 0.40% and it exhibited a volatility of 5.49%.
According to recent financial reports, VOXX reported a revenue of $92.49 million and a net profit of $2.41 million. Earnings per share stood at $0.10, with a gross profit of $17.86 million. The price-to-earnings ratio for the company is currently at -6.83, indicating financial challenges.
No institutional ratings for buy, hold, or sell recommendations have been issued for VOXX at this time.
In the broader electronic consumer sector, the decline was 1.18%. Within this sector, Turtle Beach, Wearable Devices Ltd, Liantronics, and Algorhythm Holdings, Inc. showed notable activity. Liantronics, in particular, had a turnover rate of 8.15% and a volatility of 26.07%.
VOXX International Corp is a manufacturer and distributor in the automotive electronics, consumer electronics, and biometrics industries. Their consumer electronics segment focuses on premium audio and other products for retail and commercial clients. Automotive products, some manufactured by VOXX, are sold to OEM and aftermarket clients.
