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VOXX International (VOXX) Looks Good: Stock Gains 11.5%

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VOXX International Corporation (VOXX - Free Report) was a big mover last session, as its shares rose over 11% on the day. The move came after the company announced that it has entered into a definitive agreement to sell Hirschmann Car Communication GmbH and its worldwide subsidiaries ("Hirschmann") to a TE Connectivity Ltd unit. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 48% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days, while the Zacks Consensus Estimate moved higher over the same time frame, suggesting solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

VOXX International currently carries a Zacks Rank #2 (Buy), while its Earnings ESP  is 0.00%.

Another top-ranked stock worth considering from the Electronics - Miscellaneous Products space is Siemens AG (SIEGY - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is VOXX going up? Or down? Predict to see what others think: Up or Down

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