Shares of Motorcar Parts of America, Inc. (NASDAQ:MPAA - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.81 and traded as high as $15.18. Motorcar Parts of America shares last traded at $14.90, with a volume of 112,794 shares.
Analyst Ratings Changes
Separately, Wall Street Zen raised Motorcar Parts of America from a "buy" rating to a "strong-buy" rating in a report on Friday, May 16th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $14.00.
View Our Latest Analysis on Motorcar Parts of America
Motorcar Parts of America Stock Up 3.0%
The stock has a 50-day moving average of $12.61 and a 200-day moving average of $10.98. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.44 and a quick ratio of 0.42. The firm has a market cap of $287.73 million, a price-to-earnings ratio of 212.46 and a beta of 1.44.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. boosted its stake in shares of Motorcar Parts of America by 4.1% during the second quarter. Osaic Holdings Inc. now owns 23,712 shares of the auto parts company's stock valued at $266,000 after purchasing an additional 933 shares in the last quarter. Squarepoint Ops LLC raised its holdings in Motorcar Parts of America by 268.2% in the 2nd quarter. Squarepoint Ops LLC now owns 45,004 shares of the auto parts company's stock valued at $504,000 after buying an additional 32,781 shares during the last quarter. Evergreen Capital Management LLC bought a new position in Motorcar Parts of America in the 2nd quarter valued at approximately $224,000. Man Group plc acquired a new stake in Motorcar Parts of America during the 2nd quarter worth approximately $745,000. Finally, Lazard Asset Management LLC grew its holdings in Motorcar Parts of America by 4.5% during the 2nd quarter. Lazard Asset Management LLC now owns 27,805 shares of the auto parts company's stock worth $311,000 after acquiring an additional 1,191 shares during the last quarter. Institutional investors own 83.48% of the company's stock.
About Motorcar Parts of America
(
Get Free Report)
Motorcar Parts of America, Inc manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders.
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