100,000 Shares in Superior Industries International, Inc. (NYSE:SUP) Acquired by Rangeley Capital LLC

Rangeley Capital LLC bought a new stake in Superior Industries International, Inc. (NYSE:SUP) during the fourth quarter, Holdings Channel.com reports. The firm bought 100,000 shares of the auto parts company’s stock, valued at approximately $204,000.

Separately, Heron Bay Capital Management acquired a new position in shares of Superior Industries International in the fourth quarter valued at approximately $85,000. 56.20% of the stock is currently owned by institutional investors.

Superior Industries International Stock Up 6.3 %

Shares of Superior Industries International stock opened at $2.19 on Thursday. The stock has a market cap of $63.30 million, a price-to-earnings ratio of -0.55 and a beta of 3.47. Superior Industries International, Inc. has a twelve month low of $1.50 and a twelve month high of $4.57. The company’s fifty day moving average is $2.05 and its 200 day moving average is $2.33.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Superior Industries International from a “hold” rating to a “buy” rating in a report on Saturday, March 15th.

Superior Industries International Profile

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.