Superior Industries International (NYSE:SUP) Stock Price Crosses Above Two Hundred Day Moving Average of $3.35

Superior Industries International, Inc. (NYSE:SUP)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.35 and traded as high as $3.50. Superior Industries International shares last traded at $3.29, with a volume of 51,928 shares changing hands.

Superior Industries International Stock Performance

The firm has a 50 day moving average of $3.58 and a two-hundred day moving average of $3.35. The stock has a market cap of $92.95 million, a P/E ratio of -0.57 and a beta of 3.39.

Superior Industries International (NYSE:SUP) last announced its earnings results on Thursday, May 2nd. The auto parts company reported ($1.07) earnings per share for the quarter. The company had revenue of $316.30 million during the quarter, compared to analysts’ expectations of $346.68 million.

Institutional Trading of Superior Industries International

Hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC lifted its position in shares of Superior Industries International by 10.5% in 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. Pinnacle Holdings LLC increased its holdings 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 valued at $550,000 after purchasing an additional 7,605 shares in the last quarter. Essex Investment Management Co. LLC increased its holdings 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 valued at $2,291,000 after purchasing an additional 11,923 shares in the last quarter. Privium Fund Management UK Ltd acquired a new stake in Superior Industries International during the 1st quarter valued at $45,000. Finally, Mill Road Capital Management LLC increased its holdings in Superior Industries International by 0.7% during the 4th quarter. Mill Road Capital Management LLC now owns 4,380,940 shares of the auto parts company’s stock valued at $14,019,000 after purchasing an additional 32,300 shares in the last quarter. Institutional investors 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.