Superior Industries International, Inc. (NYSE:SUP - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.26 and traded as high as $2.40. Superior Industries International shares last traded at $2.35, with a volume of 21,291 shares changing hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered shares of Superior Industries International from a "buy" rating to a "hold" rating in a research note on Monday, April 7th.
Check Out Our Latest Stock Analysis on Superior Industries International
Superior Industries International Stock Down 0.2 %
The firm has a market capitalization of $69.48 million, a price-to-earnings ratio of -0.59 and a beta of 3.14. The stock has a 50 day moving average of $2.13 and a 200 day moving average of $2.25.
Institutional Investors Weigh In On Superior Industries International
Institutional investors have recently made changes to their positions in the company. Proficio Capital Partners LLC bought a new stake in Superior Industries International during the fourth quarter valued at $153,000. Heron Bay Capital Management acquired a new position in shares of Superior Industries International in the 4th quarter valued at about $85,000. Rangeley Capital LLC bought a new stake in shares of Superior Industries International during the 4th quarter valued at about $204,000. Nierenberg Investment Management Company Inc. raised its stake in Superior Industries International by 15.5% during the fourth quarter. Nierenberg Investment Management Company Inc. now owns 128,793 shares of the auto parts company's stock worth $263,000 after acquiring an additional 17,238 shares during the period. Finally, Jane Street Group LLC bought a new position in Superior Industries International in the fourth quarter worth about $88,000. 56.20% of the stock is currently owned by institutional investors.
About Superior Industries International
(
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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.
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