Breaking Finance News

BidaskClub downgraded Motorcar Parts of America, Inc. (NASDAQ:MPAA) to Sell in a report released today.

Just yesterday Motorcar Parts of America, Inc. (NASDAQ:MPAA) traded -0.96% lower at $27.84. Motorcar Parts of America, Inc.’s 50-day moving average is $27.63 and its 200-day moving average is $28.46. The last stock close price is down -5.41% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the date range. Volume of trade was down over the average, with 78,229 shares of MPAA changing hands under the typical 155,592

BidaskClub has downgraded Motorcar Parts of America, Inc. (NASDAQ:MPAA) to Sell in a report released on 07/08/2017.

Performance Chart

Motorcar Parts of America, Inc. (NASDAQ:MPAA)

With a total market value of $0, Motorcar Parts of America, Inc. has price-earnings ratio of 13.95 with a one year low of $21.75 and a one year high of $31.57 .

A total of 4 equity analysts have released a ratings update on MPAA. One equity analyst rating the company a strong buy, three equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $42.25.

Brief Synopsis About Motorcar Parts of America, Inc. (NASDAQ:MPAA)

Motorcar Parts of America, Inc. is a manufacturer, remanufacturer and distributor of automotive aftermarket parts, including alternators, starters, wheel hub assembly, brake master cylinders, brake power boosters and turbochargers utilized in imported and domestic passenger vehicles, light trucks and heavy-duty applications. The Company sells its products in North America to auto parts retail and traditional warehouse chains and to automobile manufacturers for both their aftermarket programs and their warranty replacement programs (OES). It recycles materials, including metal from the used cores and corrugated packaging. The Company carries over 13,000 stock keeping units (SKUs) for automotive parts that are sold under its customers' recognized private label brand names and its Quality-Built, Pure Energy, Xtreme, Reliance and other brand names. It sells its products to automotive retail outlets and the professional repair market throughout the United States and Canada.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *