Alert: Major Price Decline (5/15/24)-VOXX International Corp (NASDAQ: VOXX).

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VOXX International Corp (NASDAQ: VOXX) stock closed at $4.53 on 5/15/24 after a major decline of -23.9%. Moreover, exceptionally high trading volume at 451% of normal accompanied the decline. The stock has declined -19.8% during the last week and has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, VOXX is expected to continue to be Value Creation neutral.

VOXX International has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. VOXX International has a good Appreciation Score of 72 but a poor Power Rating of 23, with the Low Neutral Value Trend Rating the result.

Rating Review

In light of this highly negative 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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