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

Shares of Superior Industries International, Inc. (NYSE:SUP) passed 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 business’s 50-day moving average price is $3.29 and its 200 day moving average price is $3.07. The company has a market capitalization of $107.02 million, a P/E ratio of -0.81 and a beta of 3.59.

Superior Industries International (NYSE:SUP) last released its quarterly earnings data on Thursday, March 7th. The auto parts company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.44. The firm had revenue of $308.60 million during the quarter, compared to the consensus estimate of $402.10 million.

Institutional Investors Weigh In On Superior Industries International

Hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC lifted its position in Superior Industries International by 82.8% during the third quarter. Tower Research Capital LLC TRC now owns 8,148 shares of the auto parts company’s stock valued at $25,000 after purchasing an additional 3,691 shares during the last quarter. Marshall Wace LLP bought a new stake in Superior Industries International during the third quarter valued at approximately $32,000. Atria Wealth Solutions Inc. bought a new stake in Superior Industries International during the first quarter valued at approximately $52,000. PEAK6 Investments LLC bought a new stake in Superior Industries International during the fourth quarter valued at approximately $67,000. Finally, Moneta Group Investment Advisors LLC bought a new stake in Superior Industries International during the first quarter valued at approximately $69,000. 56.20% of the stock is currently owned by institutional investors.

About Superior Industries International

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.