VOXX International Corp (NASDAQ: VOXX) stock enjoyed a major increase of 10.1% on 1/8/24. The shares closed at $10.47. Moreover, unusually high trading volume at 191% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months and has declined -4.2% during the last week.
Current PriceTarget Research Rating
VOXX’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
VOXX International has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. VOXX International has a neutral Appreciation Score of 50 and a slightly negative Power Rating of 40, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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