Zacks Investment Research upgraded Motorcar Parts of America, Inc. (NASDAQ:MPAA) to Hold in a report released today.
- Updated: January 10, 2017
Yesterday Motorcar Parts of America, Inc. (NASDAQ:MPAA) traded 3.20% higher at $28.68. The company’s 50-day moving average is $26.57 and its 200-day moving average is $27.36. The last closing price is up 4.83% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 160,733
Zacks Investment Research has upgraded Motorcar Parts of America, Inc. (NASDAQ:MPAA) to Hold in a report released on Wednesday January 11, 2017.
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Motorcar Parts of America, Inc. has a 52 week low of $21.75 and a 52 week high of $38.78 with a P/E ratio of 20.83 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 4 brokers have issued a report on the stock. The consensus target price is $42.25 with 1 broker rating the stock a strong buy, 3 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information 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.
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