Shares of Superior Industries International, Inc. (NYSE:SUP - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.22 and traded as high as $2.49. Superior Industries International shares last traded at $2.47, with a volume of 35,612 shares traded.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Superior Industries International from a "buy" rating to a "hold" rating in a research note on Monday, April 7th.
Check Out Our Latest Stock Report on Superior Industries International
Superior Industries International Price Performance
The business's 50 day simple moving average is $2.28 and its 200 day simple moving average is $2.22. The company has a market capitalization of $85.10 million, a PE ratio of -0.72 and a beta of 3.32.
Hedge Funds Weigh In On Superior Industries International
A number of institutional investors have recently bought and sold shares of the company. Proficio Capital Partners LLC acquired a new stake in shares of Superior Industries International during the fourth quarter valued at about $153,000. Heron Bay Capital Management acquired a new stake in shares of Superior Industries International during the fourth quarter valued at about $85,000. Rangeley Capital LLC acquired a new stake in shares of Superior Industries International during the fourth quarter valued at about $204,000. Nierenberg Investment Management Company Inc. increased its position in shares of Superior Industries International by 15.5% during the fourth quarter. Nierenberg Investment Management Company Inc. now owns 128,793 shares of the auto parts company's stock valued at $263,000 after acquiring an additional 17,238 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Superior Industries International during the fourth quarter valued at about $88,000. 56.20% of the stock is owned by hedge funds and other institutional investors.
About Superior Industries International
(
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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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