Superior Industries International (NYSE:SUP) Stock Price Crosses Above 200-Day Moving Average of $3.13

Superior Industries International, Inc. (NYSE:SUPGet Free Report)’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 $3.13 and traded as high as $3.25. Superior Industries International shares last traded at $3.24, with a volume of 16,378 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Superior Industries International from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd.

Read Our Latest Stock Analysis on Superior Industries International

Superior Industries International Stock Performance

The firm has a 50 day moving average of $3.13 and a two-hundred day moving average of $3.13. The stock has a market cap of $91.01 million, a P/E ratio of -0.81 and a beta of 3.66. The company has a debt-to-equity ratio of 25.43, a quick ratio of 1.49 and a current ratio of 2.20.

Hedge Funds Weigh In On Superior Industries International

Large investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC raised its holdings in Superior Industries International by 82.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the auto parts company’s stock valued at $25,000 after acquiring an additional 3,691 shares in the last quarter. Marshall Wace LLP acquired a new position in Superior Industries International in the 3rd quarter valued at approximately $32,000. Atria Wealth Solutions Inc. acquired a new position in Superior Industries International in the 1st quarter valued at approximately $52,000. Moneta Group Investment Advisors LLC acquired a new position in shares of Superior Industries International in the 1st quarter worth approximately $69,000. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of Superior Industries International by 17.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 33,700 shares of the auto parts company’s stock worth $142,000 after buying an additional 5,100 shares in the last quarter. Institutional investors and hedge funds own 43.80% of the company’s stock.

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.

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