Alert: Negative Investment/Fundamental Signals (3/7/24)-Superior Industries Internationa (NYSE: SUP)

out_logo_500#16940.jpg

Recent extremely meaningful negative changes in investment behavior have impacted Superior Industries Internationa (NYSE: SUP): the stock’s recent price decline challenged its longer term uptrend, and the stock fell on very heavy volume.

Superior Industries Internationa (NYSE: SUP) has recently experienced important negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, and significant quarterly earnings deceleration occurred.

The stock is currently unrated.

out_mm#16940.jpg

Current PriceTarget Research Rating

SUP is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Superior Industries Internationa is currently unrated.

Recent Price Action

On 3/7/24, Superior Industries Internationa (NYSE: SUP) stock declined modestly by -1.9%, closing at $3.11. Moreover, exceptionally high trading volume at 431% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -8.3% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*