Motorcar Parts of America Inc. (MPAA) was among the biggest gainers on the Russell 2000 for Wednesday January 20 as the stock popped 5.93% to $33.05, representing a gain of $1.85 per share. Some 117,722 shares traded hands on 1,360 trades, compared with an average daily volume of 225,200 shares out of a total float of 18.32 million. The stock opened at $31.00 and traded with an intraday range of $33.10 to $30.75.
After today's gains, Motorcar Parts of America Inc. reached a market cap of $605.34 million. Motorcar Parts of America Inc. has had a trading range between $41.03 and $22.12 over the last year, and it had a 50-day SMA of $36.21 and a 200-day SMA of $32.00.
The stock has a P/E Ratio of 91.8.
Motorcar Parts of America Inc is a manufacturer, remanufacturer, and distributor of aftermarket automobile parts.
Motorcar Parts of America Inc. is based out of Torrance, CA and has some 2,362 employees. Its CEO is Selwyn Joffe.
For a complete fundamental analysis analysis of Motorcar Parts of America Inc., check out Equities.com’s Stock Valuation Analysis report for MPAA. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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