Superior Industries International (NYSE:SUP) Shares Pass Above 200-Day Moving Average of $3.15

Superior Industries International, Inc. (NYSE:SUP) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.15 and traded as high as $3.78. Superior Industries International shares last traded at $3.69, with a volume of 72,697 shares traded.

Superior Industries International Stock Performance

The stock has a market capitalization of $105.39 million, a P/E ratio of -0.64 and a beta of 3.46. The stock has a 50 day moving average of $3.40 and a 200 day moving average of $3.15.

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SUP. Privium Fund Management UK Ltd acquired a new position in Superior Industries International during the 1st quarter worth $45,000. Janney Montgomery Scott LLC boosted its position 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 acquiring an additional 4,230 shares during the period. Bailard Inc. acquired a new position in Superior Industries International during the 4th quarter worth $271,000. Pinnacle Holdings LLC boosted its position in Superior Industries International by 4.6% during the 4th quarter. Pinnacle Holdings LLC now owns 171,887 shares of the auto parts company’s stock worth $550,000 after acquiring an additional 7,605 shares during the period. Finally, Essex Investment Management Co. LLC boosted its position in Superior Industries International by 1.5% during the 1st quarter. Essex Investment Management Co. LLC now owns 789,946 shares of the auto parts company’s stock worth $2,291,000 after acquiring an additional 11,923 shares during the period. Institutional investors and hedge funds own 56.20% of the company’s stock.

Superior Industries International Company Profile

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.