Superior Industries International (NYSE:SUP) Stock Price Crosses Above 200-Day Moving Average of $3.07

Superior Industries International, Inc. (NYSE:SUP)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.07 and traded as high as $4.06. Superior Industries International shares last traded at $3.81, with a volume of 107,465 shares trading hands.

Superior Industries International Stock Down 4.3 %

The stock has a market capitalization of $107.02 million, a price-to-earnings ratio of -0.81 and a beta of 3.59. The firm has a 50-day moving average of $3.29 and a two-hundred day moving average of $3.07.

Superior Industries International (NYSE:SUP) last posted its quarterly earnings results on Thursday, March 7th. The auto parts company reported $0.51 earnings per share for the quarter, beating the consensus estimate 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

Institutional investors and hedge funds have recently bought and sold shares of the company. Janney Montgomery Scott LLC grew its stake in Superior Industries International by 10.5% in the third quarter. Janney Montgomery Scott LLC now owns 44,559 shares of the auto parts company’s stock valued at $135,000 after purchasing an additional 4,230 shares in the last quarter. Royal Bank of Canada grew its stake in Superior Industries International by 11.6% in the third quarter. Royal Bank of Canada now owns 36,256 shares of the auto parts company’s stock valued at $109,000 after purchasing an additional 3,756 shares in the last quarter. Atria Wealth Solutions Inc. grew its stake in 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 position in Superior Industries International in the first quarter valued at about $69,000. Finally, PEAK6 Investments LLC purchased a new position in Superior Industries International in the fourth quarter valued at about $67,000. Hedge funds and other 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.