Superior Industries International (NYSE:SUP) Stock Crosses Above Two Hundred Day Moving Average of $3.01

Superior Industries International, Inc. (NYSE:SUPGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.01 and traded as high as $3.25. Superior Industries International shares last traded at $3.22, with a volume of 545,296 shares.

Superior Industries International Trading Up 7.3 %

The company has a market cap of $90.45 million, a price-to-earnings ratio of -0.69 and a beta of 3.59. The business has a fifty day moving average of $3.16 and a two-hundred day moving average of $3.01.

Superior Industries International (NYSE:SUPGet Free Report) last released its quarterly earnings results on Thursday, March 7th. The auto parts company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.44. The business had revenue of $308.60 million during the quarter, compared to analyst estimates of $402.10 million.

Institutional Investors Weigh In On Superior Industries International

Large investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its stake in Superior Industries International by 10.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 44,559 shares of the auto parts company’s stock worth $135,000 after buying an additional 4,230 shares in the last quarter. Legato Capital Management LLC grew its position in shares of Superior Industries International by 35.9% in the second quarter. Legato Capital Management LLC now owns 326,269 shares of the auto parts company’s stock valued at $1,175,000 after purchasing an additional 86,193 shares in the last quarter. Atria Wealth Solutions Inc. grew its position in shares of Superior Industries International by 77.7% in the second quarter. Atria Wealth Solutions Inc. now owns 19,895 shares of the auto parts company’s stock valued at $79,000 after purchasing an additional 8,700 shares in the last quarter. Moneta Group Investment Advisors LLC purchased a new stake in shares of Superior Industries International in the first quarter valued at approximately $69,000. Finally, PEAK6 Investments LLC purchased a new stake in shares of Superior Industries International in the fourth quarter valued at approximately $67,000. 56.20% of the stock is currently owned by hedge funds and other institutional investors.

About Superior Industries International

(Get Free Report)

Superior Industries International, Inc, together with its subsidiaries, designs, manufactures, and sells aluminum wheels to the original equipment manufacturers and aftermarket distributors in North America and Europe. It offers its products under the ATS, RIAL, ALUTEC, and ANZIO brand names. The company was founded in 1957 and is headquartered in Southfield, Michigan.

Read More

Receive News & Ratings for Superior Industries International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Superior Industries International and related companies with MarketBeat.com's FREE daily email newsletter.